High inflation and efforts to tame it defined 2022 economy


Source: apnews.com apnews.com

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FILE - Money is exchanged at a food stand inside Grand Central Market on Wednesday, July 13, 2022, in Los Angeles. U.S. inflation, an economic afterthought for decades, returned in 2022 with the relentless rise in prices devouring workers' pay and putting American consumers in a foul mood. (AP Photo/Marcio Jose Sanchez, File) FILE - Money is exchanged at a food stand inside Grand Central Market on Wednesday, July 13, 2022, in Los Angeles. U.S. inflation, an economic afterthought for decades, returned in 2022 with the relentless rise in prices devouring workers' pay and putting American consumers in a foul...