Skip Navigation

Inflation fears plaguing economic recovery

iStock

Listen to Smart Talk every weekday at 9am and 7pm on WITF 89.5 & 93.3. You can also stream WITF radio live on our website or ask your smart speaker to “Play WITF Radio.”

Airdate: Wednesday, October 27, 2021

Anyone who shops for food or fills their gas tank knows that higher prices are affecting their pocketbook.

Economists are now forecasting that higher prices may be here to stay, as the U.S. is running at a 13-year high of 5.4 percent inflation.

Rising food and housing costs accounted for more than half of the inflation jump in the past year, which analysts see as a sign that supply chain glitches and worker shortages are spreading to other parts of the economy.

Heather Long is a Washington Post economics correspondent who has reported on inflation and the economy and she appears on Smart Talk Thursday to discuss the economic forecast.

Support for WITF is provided by:

Become a WITF sponsor today »

Up Next
Smart Talk

Invasive plants and an overpopulation of deer are decimating Pennsylvania’s forests