Couple exhausted after moving to new apartment

How relocating Americans created new inflation hot spots

Phoenix is one of the inflation hot spots that has seen an influx of new residents.

In this story published May 19, 2022, on CNBC:

Almost every component of the Phoenix CPI for whatever reason is up about 10%.

Lee McPheters, research professor of economics and the director of the JPMorgan Chase Economic Outlook Center

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