Listen to Department of Economics faculty, Todd Federman and David Axelrod, discuss the current inflation crisis in the U.S.  In this episode they discuss the following:

- Inflation definition 
- How is the inflation rate calculated?
- Impact of Covid on inflation  
- Why the inflation rate has spiked and its’ implications on the U.S. economy and consumers 
- Actions that can be implemented by the Federal Reserve Bank to lower the rate
- Prediction on impact of recent interest rate increase 
- Role of supply chain on impacting inflation rate