The annual inflation rate for 2022 was 6.5%. During that time, egg prices rose by 60%, along with significant price increases for other basics. Gas prices had us rethinking that summer road trip. Maybe we would have flown, except flight prices rose by more than 40% from 2021 to 2022. Recently, employers across the board announced widespread layoffs in expectation of a tightening economy.
Inflation is expected to slow this year, but a return to “normal” – where inflation hovers around 2% – will…
