July 15, 2024・Original Analysis
Inflation “Cooled” in June, So Why is Consumer Confidence Still Tanking?
The recent CPI report showed that inflation is, according to official data, cooling down — so why are consumers more worried for the future than they’ve been in months? If prices are coming down, shouldn’t that fuel higher confidence and a greater collective sense of economic well-being? One simple answer is that the official data […]
