Inflation has been the topic of discussion for the past few months as Americans are dealing with sky-high inflation, which hit a 40-year high earlier this year, and the latest WalletHub report shows the trend is continuing in Tampa Bay.
While the Federal Reserve is on its fastest pace of interest rate hikes since the early 1980s to quell inflation, the year-over-year inflation rate was still 8.3% in August.
The WalletHub report said this high inflation is driven by various factors, including…