How U.S. Inflation Expectations Are Being Shaped by Consumer Choices - The New York Times


7/27/2022 12:00:00 AM2 years 9 months ago
by Jeanna Smialek, Emily Erdos, Kelsey McClellan

Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how they’re thinking about rising costs.

Rising costs across goods and services have also prompted Ms. Hsieh, who works at a branch of the United States Treasury, to ask for higher pay this year. She knew the 2.2 percent raise she was going… [+1357 chars]

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