Stimulus Update: The Average Household Should Get a $8,581 Check in 2022 -- But Will It Happen?

Stimulus checks were deposited into people's bank accounts over the past several years in order to help shield families from the devastating effects of the COVID-19 pandemic. Unfortunately, surging inflation is one of the lingering consequences of the COVID-19 pandemic. While there are many contributing factors causing inflation to be at a 40-year high, pandemic-related supply chain disruptions and the increased demand for goods and services following an extended lockdown are two of the leading reasons why prices have gone up so much this year.