Inflation Reporting's Blind Spot: The Cumulative Impact Traditional inflation reports, focused on the past 12 months, overlook the broader, cumulative impact of inflation since the start of the Covid period in January 2020. This period, marked by significant monetary expansion and near-zero interest rates to combat the recession, has led to a 20% cumulative inflation rate. This means a dollar now holds only 83 cents of its January 2020 value, highlighting the sustained loss in purchasing power. This overlook in reporting fails to account for the lasting financial strain on those whose incomes have not kept pace, exacerbating financial disparities. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE U.S. Treasuries Yield $2 Million Per Minute as Rates Soar READ MORE Massive Student Debt Strike Amid Loan Repayment Challenges READ MORE Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path Forward READ MORE Gold Prices Shatter Records: Inflation Data Fuels Rate Cut Speculations READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment