Trump points to easing inflation numbers, but Americans still face high prices, reduced purchasing power

Trump points to easing inflation numbers, but Americans still face high prices, reduced purchasing power

High prices, reduced purchasing power and heavy debt loads confront many American households even as year-over-year government numbers show inflation easing from post-pandemic highs.

Financial News Network - Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.Read More …

Rising Costs and Trump Tariffs? Declining US Gaming Consumption! - theGeek.games

According to one analyst, the fact that life in the US is becoming significantly more expensive for a number of reasons will surely take a toll on the state of the market.   A presentation by Mat Piscatella of Circana (formerly NPD Group), courtesy of The Game Business, reveals that U.S. consumers are reducing their spending on entertainment, including games, due to the rising cost of basic necessities, such as food and shelter, as well as the p…