Why is inflation so high? Is it bad? An economist answers 3 questions about soaring consumer prices

Consumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982, according to Bureau of Labor Statistics data published on Dec. 10, 2021. The biggest jumps during the month were in energy, used cars and clothing.

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Omicron: evidence shows it evades immunity from earlier infection more than other variants

Evidence suggests that the Omicron variant is associated with increased ability to evade immunity from prior infection. In contrast, there is no population-wide epidemiological evidence of increased immune escape associated with the Beta or Delta variants.

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