With the rising costs of groceries, many Americans have taken to growing food at home. 43% of Americans are now growing food at their homes, up from 33% of Americans in 2019, according to the National Gardening Association.
“According to the U.S. Department of Agriculture, at-home food prices increased by 11.4% in 2022. In 2023, it increased by another 5.8%,” Spectrum News noted.
This week, Federal Reserve Chair Jerome Powell acknowledged that the Fed’s goal of diminishing inflation to 2% is proving more difficult to reach than heretofore projected.
In March, for the third consecutive month, the core consumer price increased. It advanced 0.4% from February and 3.8% from the year before.
“The recent data have clearly not given us greater confidence and instead indicate that is likely to take longer than expected to achieve that confidence,” Powell said. “Given the strength…
