What it means for consumers and businesses
Inflation was a flashpoint during Tuesday night’s presidential debate, when Republican presidential nominee Donald Trump called out his rival, Vice President Kamala Harris, and the Biden administration for presiding over the period of significant price growth, though he incorrectly stated it was the worst in U.S. history.
Harris did not address the inflation point directly besides noting that she helped pass the Inflation Reduction Act.
Instead, she mentioned that some economists have…