the staff of the Ridgewood blog
Ridgewood NJ , Federal Reserve Chair Jerome Powell said Tuesday the “disinflationary process” in the U.S. economy has begun, and said additional rate hikes will likely be necessary to bring inflation back to its 2% target.
But a majority of Americans believe, the price of groceries will continue rising, The latest Rasmussen Reports national telephone and online survey finds that 85% of American Adults say they’re paying more for groceries now than they were a year ago, down from 89% in August. Only nine percent (9%) now say they aren’t paying more for groceries. (To see survey question wording, click here.)
HAWAIIAN #PIZZA? FUHGETTABOUTIT! https://theridgewoodblog.net/hawaiian-pizza-fuhgettaboutit/
Inflation, shrinkflation, here’s another one: tipflation, the number of places where you are asked for a tip.
Grocery stores are taking full advantage and jacking up prices.
Bring back the mean tweets…
… along with the FAT 401(k)s, $2.00 gas prices and $1.50 eggs!