Is the “last mile” of inflation actually the hardest?

<p>The Wall Street Journal, Bloomberg and even banks themselves have said the &#8220;last mile&#8221; of inflation will be hardest to beat. But research doesn&#8217;t really shows that. So what&#8217;s with the hype? Plus, chip designer Arm&#8217;s valuation is officially $54 billion, making it the biggest IPO of the year. We&#8217;ll also hear about Americans over 60 who still owe student loans.</p>