Are there fewer chips in your favorite snack bag? Yes, and you can blame shrinkflation for it.

Although sometimes we do not realize it, in times of inflation companies reduce the amount of product we receive for the same price. Such is life in a world plagued by pandemics and wars.

Sticky Inflation and Job Market Tightening Will Push Fed to Hike Rates 4 Times in 2022: Goldman Sachs

Jan Hatzius, chief economist at Goldman, wrote in a note Sunday that the investment bank is predicting a fourth 25-basis-point rate hike in December of this year, up from an earlier projection of three.