"Memorial Day Cookout Costs Surge Amid High Inflation"
High inflation is driving up the cost of Memorial Day barbecues, with prices for staples like ground beef, steak, and beer significantly higher than last year. A typical cookout will cost about $30, a 10% increase from 2023. While inflation has decreased from its peak, it remains well above the Federal Reserve's target, putting financial pressure on U.S. households, especially lower-income families.