The economy has undergone a structural transformation that ended the low-cost era. ‘The regime change in inflation and interest rates is the outcome’

The shift, in many ways, returns the economy to where it was before the financial crisis in December 2007 that lasted through June 2009.

Source: [Fortune](https://fortune.com/2026/09/20/us-economy-structural-transformation-low-cost-era-regime-change-inflation-interest-rates/)