Well known products pricing on the increase: paper products, condiments, meat products, cereal, snacks, peanut butter, and incidentals.
Generally due to increased transportation expense, feed costs, and increased expense of basic commodities, as well as international speculators.
The original news source (thestreet.com) also mentions that 'The Fed' wants inflation to make up for past years lack of inflation.
Interesting brief Info at the original news source website about 'The Fed'& inflation .
“The original news source (thestreet.com) also mentions that ‘The Fed’ wants inflation to make up for past years lack of inflation.”
Except for interest rates paid on our savings. So this double whammy will steal more of our $