Prices on household essentials like groceries and gas are climbing at a rapid clip, causing new financial distress for Americans right as they plan their first holiday gatherings since the rollout of a COVID-19 vaccine.
After hibernating out of sight for a generation, inflation has made an insidious and unwelcome return to the U.S. economy -- fueled by supply chain snags, a shortage of workers in the service industry and pandemic-era economic policies that aimed to alleviate the financial suffering wrought by the public health crisis.
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