Economic·CNBC·17h agoUnited States
Longest Inflation Streak Since 1980s Tests Fed
Consumers accept high prices as normal, Fed warns
Negative1 min readImportance
AI Summary
U.S. inflation has run above 2% monthly since early 2021, averaging 4.5% — the longest streak this century — with September one-year expectations rising to 3.9%, testing the Federal Reserve ahead of midterm elections.
Keywords
inflationFederal Reserveconsumer expectationsmidterm electionsmonetary policy
