For the first time in more than a year, Americans’ inflation fears have not increased, according to a new Gallup poll.
said recent price increases have caused financial hardships for themselves and their families, compared to 56% of respondents who said the same thing in August, although it’s the first time that Americans’ concerns have not increased since Gallup first asked the question last November.
13% of respondents in the poll, which surveyed 1,800 U.S. adults between Nov. 9-27, indicated high prices have caused severe hardships that have affected their standard of living—a one-point increase from August. Among respondents who identify as lower income, 77% said price hikes have caused hardships—a three-point increase from August—while 44% of middle high-income and 60% of middle-income respondents indicated inflation has caused financial strain.
28% of low-income respondents said those hardships have been severe, well above the 13% of middle-income and 6% of high-income respondents who said the same.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17KTaiwan-based technology manufacturer HTC is looking to take its virtual headset business public in the US as part of a quest to cultivate the metaverse. Is the firm making a mistake?; BTC falls but holds over $17K. TheSamReynolds and JPRubin23 report
Read more »
Just after positive Fed inflation fight report, investors show fears of a long road aheadA stock market drop came a day after stocks pulled back as stronger-than-expected readings on the economy raised worries that the Fed has a ways to go in getting inflation under control.
Read more »
U.S. and EU positions on China are converging, top official saysThe EU and U.S. positions on China have converged, due in part to Beijing's growing assertiveness and burgeoning partnership with Russia, according to Stefano Sannino, secretary-general of the EU’s foreign policy arm.
Read more »
Gold Price Forecast: XAU/USD rebound eyes $1,800 as US inflation expectations probe Fed hawksGold Price Forecast: XAU/USD rebound eyes $1,800 as US inflation expectations probe Fed hawks – by anilpanchal7 Gold XAUUSD Fed RiskAppetite Inflation
Read more »
Gold Price Forecast: XAU/USD faces barricades around $1,770 ahead of US inflation expectations dataGold Price Forecast: XAU/USD faces barricades around $1,770 ahead US forward inflation data – by Sagar_Dua24 Gold XAUUSD Fed Inflation DollarIndex
Read more »