{"id":353480,"date":"2025-08-18T06:01:14","date_gmt":"2025-08-18T06:01:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/353480\/"},"modified":"2025-08-18T06:01:14","modified_gmt":"2025-08-18T06:01:14","slug":"why-america-cant-shake-off-inflation","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/353480\/","title":{"rendered":"Why America can\u2019t shake off inflation"},"content":{"rendered":"<p data-component=\"paragraph\" class=\"css-1l5amll e1y9q0ei0\">The Yiddish phrase \u201cfarshlepteh krenk\u201d, untranslatable into English, describes an illness that just won\u2019t go away. That is how some rich countries\u2019 experience of inflation has felt. The rate of price increases has fallen sharply since the acute phase in 2022, when inflation across the OECD rose to nearly 11%, its highest since the 1970s. In June average inflation across the club was around 2.5%, only a smidge above most central banks\u2019 targets. But many Anglophone countries still have lingering symptoms.<\/p>\n","protected":false},"excerpt":{"rendered":"The Yiddish phrase \u201cfarshlepteh krenk\u201d, untranslatable into English, describes an illness that just won\u2019t go away. That is&hellip;\n","protected":false},"author":2,"featured_media":353481,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[1366,49,978,659],"class_list":{"0":"post-353480","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-finance-economics","9":"tag-united-states","10":"tag-us","11":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115048250334291137","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/353480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=353480"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/353480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/353481"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=353480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=353480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=353480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}