Martha Olney

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A variety of factors have caused the U.S. inflation rate to increase over the past few years, from the pandemic to the war in Ukraine. Javier Ghersi/Moment via Getty Images

Inflation rates are rising in the US – an economist explains why

Martha Olney, University of California, Berkeley

Rising inflation rates due to supply-side factors – COVID-19, Ukraine and supply chain shortages – make countering inflation difficult for the central bank.

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