14.8 C
New York
Friday, April 26, 2024

Consumers aren’t convinced inflation’s easing. How that could lead to even higher rates.

Inflation is cooling, but don’t tell that to Americans. Even after a year-over-year rise in consumer prices slowed to 7.7% in October from a 40-year high of 9.1% in June, consumers still aren’t feeling optimistic that inflation will wane anytime soon. And in a kind of self-fulfilling prophecy, this …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,318FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x