Stimulus Update: Inflation Eases Slightly as Americans Await State Stimulus Checks

Maurie Backman, The Motley Fool
·3 min read
Stimulus Update: Inflation Eases Slightly as Americans Await State Stimulus Checks

Although inflation has clearly been a major issue for months on end, it hasn't prompted lawmakers to issue another round of stimulus checks. In fact, the only aid Americans can look forward to this summer is state-specific stimulus checks, which many states aren't issuing. In June, the Consumer Price Index (CPI), which measures fluctuations in the cost of goods and services, rose a whopping 9.1% on an annual basis.

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