True Inflation May Have Peaked in Late 2022 Despite the U.S. stock market reaching all-time highs, the average American remains pessimistic, a situation that is seen as unhealthy for both the stock market and the economy. Critics argue that consumer pessimism is unwarranted, given the near 50-year low unemployment rates and significantly reduced inflation compared to two years ago. However, a new study challenges this view by suggesting that if inflation were accurately measured, it would reveal the extent of the financial strain on consumers. This study supports the notion if the CPI fully reflected higher borrowing costs, it would have peaked at 18% in November 2022 and still be around 8%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE Bank of Japan Eyes Policy Shift: Ending NegativeRates READ MORE Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE Central Banks Kick Off 2024 with Significant Gold Purchases READ MORE March jobs data points to ongoing ‘resistance from wages’ READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
