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Will Inflation Be Gone By 2024?

Inflation is the sort of thing most people don’t really focus on until it begins to soar. And that’s precisely what started to happen around mid-2021.

Earlier that year, lawmakers approved a round of stimulus checks that put $1,400 checks into Americans’ bank account. That put consumers in a position where they had extra money to spend at a time when supply chains were getting battered. That led to a disconnect between supply and demand, and rampant inflation ensued.

But will inflation be gone by 2024? Not exactly

This post originally appeared on the ascent.