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 Evergrande's Liquidation: A Significant Turn in China's Property Crisis READ MORE Gold Price Trades With a Positive Bias for the Sixth Straight Day READ MORE Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul READ MORE Housing Market Relief on the Horizon? Fed Study Predicts Inflation Slowdown READ MORE Gold Resilient as Safe-Haven Demand Counterbalances Rising Dollar READ MORE Add a Comment Cancel replyYour email address will not be published.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