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

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinas Export Machine Faces a Broadening Pushback

Milton EzratiAuthorMilton Ezrati is a contributing editor at The...

Business Council Urges Labor to Cut Spending Before Raising Taxes, Warns Companies Looking Offshore

Australia's Prime Minister Anthony Albanese holds a press conference...

Florida Sues TikTok Over Alleged Violations of Child Safety Law

The TikTok logo in Tokyo on Sept. 28, 2020....

How Major US Stock Indexes Fared June 15

Stock markets rallied worldwide, and oil prices eased after...