US Consumers Inflation Outlook Slides for 3rd Straight Month: University of Michigan

People shop at a grocery store in Columbia, Md., on June 8, 2024. Madalina Vasiliu/The Epoch TimesU.S. consumers’ inflation expectations for the year ahead declined for the third consecutive month in November, according to the University of Michigan’s widely watched survey released Nov. 21.The one-year inflation outlook slowed to 4.5 percent, down from the preliminary estimate of 4.7 percent—the lowest level since July.