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 US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE ZeroHedge: One Bank [Finally] Says Quiet Part Out Loud On Gold Manipulation READ MORE Gold Rush 2024: Experts Weigh In on Different Gold Strategies READ MORE Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE South African Platinum Industry Could Face 'Irreversible Decline' READ MORE Add a Comment Cancel replyYour email address will not be published.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