With prices on the rise and the economy in flux, inflation continues to be an increasingly pressing issue in the U.S. High demand, supply chain disruptions and labor shortages are driving up prices in some cities. Millennials and Gen Z, in particular, are vulnerable to inflation due to high levels of student loan debt, making it difficult to save for major life milestones like buying a home or starting a family. Inflation may also worsen social inequalities, as those with fewer resources may struggle to cope with rising costs.
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