Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable

Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell. Several types of insurance, including home and car insurance, have surged over the past few years, and it’s…#federalreservechair #jeromepowell #bls #bankrate #markhamrick #fortune #fortunecom

Source: Reuters: Health - March 13, 2024 Category: Consumer Health News Source Type: news