The effects of ‘fun-flation’ leads to skyrocketing concert prices amid inflation

Written by on November 21, 2023

SPRINGFIELD, Mass. (WGGB/WSHM) - Just like everything in today’s world, concert ticket prices have sky-rocketed, some well over a $1,000. But, spending more to see your favorite artists comes with a silver-lining.

Six months ago, the Federal Reserve was bracing for a recession. Interest rates went up to curb spending because of it.

But, there was one interest rate the fed didn’t account for. The interest rate of live entertainment, concerts. Sports, movies, and people’s willingness to . . .

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