Hey kids, did you know that even grown-ups play a guessing game about money? They try to predict how much things will cost in the future. It's like a super complicated game of predicting the price of your favorite candy!
Recently, grown-ups who predict the price of things have noticed something interesting: The prices in the U.S. and Europe might change differently.
This is important because it affects how much things cost everywhere!
- The US prices might go up more than in Europe.
- This is because of things like trade rules (like tariffs, which are like extra taxes on goods) and how fast each economy is growing.
- Cheaper energy in Europe could help keep prices down.
Country | Predicted Inflation (next 2 years) |
---|---|
USA | 2.8% |
Europe | 1.9% |