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Prices Are Still Too High

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Greg P
Greg P
Posted underCarsCPIEconomyEnergyFoodInflationWall Street Journal

According to WSJ, many Americans continue to fixate on inflation, despite the fact that prices are rising more slowly. This discontent with inflation is weighing on President Biden’s approval ratings and his re-election hopes.

Although inflation has fallen, it remains a significant concern for consumers. They are particularly sensitive to rising prices because they remember how much lower prices were before the pandemic. 

See link for graphs of CPI, Gas, Car, and Egg inflation

https://www.wsj.com/economy/consumers/why-consumers-are-mad-about-inflation-even-though-it-has-fallen-ce39ca40

TaggedInflationInterest Rates


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