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Inflation Eases But Prices Still Up 8.5% Compared To A Year Ago
Posted
August 11, 2022
Views
6,804
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81
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68
Engagement
2.19%
August 11, 2022
6,804
81
68
2.19%
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2:32Now PlayingBoth gas prices and airfares have dropped but Americans are still facing sticker shock on just about everything else compared to a year ago. The hope is that inflation may have peaked earlier this summer and with 50-year-low unemployment numbers, a full recession could be less likely. Today’s numbers may give the Federal Reserve reason to slow down on interest rate increases.
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