The Federal Reserve is committed to lowering inflation, which means interest rates will keep rising, the Fed chair said in a speech in Jackson Hole.
Author: Medora Lee and Elisabeth Buchwald, USA TODAY
Lipstick, stamps and men’s underwear: Track the prices of these everyday items as leading recession and inflation indicators
How do you identify a recession? Pay attention to men’s underwear or lipstick sales. And when it comes to inflation, look at stamp and haircut prices.