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Wednesday, December 11, 2024

The inflation problem that won’t go away

The inflation problem that won’t go away

Americans seem to believe that good times are about to roll.

By SAM SUTTON, Politico 

The New York Fed’s monthly consumer survey on Monday reported that a growing number of Americans now expect their financial situation to improve over the next year, with the share expressing optimism climbing to its highest level since right before Covid-19 struck the U.S. That’s consistent with other widely cited post-election surveys that say the public is increasingly bullish about the economy’s prospects — particularly Republicans — and that inflation fears have receded.

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