Inflation Is Cooling, Leaving America Asking: What Comes Next?

Posted on AllSides January 23rd, 2023
From The Left
Nitashia Johnson for The New York Times
ANALYSIS

Martin Bate, a 31-year-old transportation planner in Fort Worth, spent the middle of 2022 feeling that he was “treading water” as high gas prices, climbing food costs and the prospect of a big rent increase chipped away at his finances.

“I was really starting to feel financially squeezed in a way that I hadn’t felt ever before, since finishing college,” Mr. Bate said. Since then, he has received a promotion and a raise that amounted to 12 percent. Gas prices have fallen, and local housing costs have moderated enough that...

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https://www.nytimes.com/2023/01/23/business/economy/inflation-turning-point.html

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