The two types of inflation the Fed can’t control — and how Congress must protect your wallet

Persistent supply shocks are causing significant increases in grocery and gasoline prices for Americans, highlighting a challenge the Federal Reserve can't easily address. This situation underscores the need for Congress to step in and safeguard consumers' finances. As lawmakers grapple with these permanent supply disruptions, their actions could have major implications for the economy and everyday living costs. Understanding these dynamics is crucial for anyone affected by these price hikes.