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Clive Crook: Does Interest Rate Pain Explain the Consumer Sentiment Gap?


Consumers consider the cost of money part of their cost of living, but most calculations of inflation don’t factor in the impact of changes in interest rates. The apparent disconnect between the state of the US economy and voters’ perceptions of it has puzzled economists for months. Unemployment is low, inflation has come way down and real

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Posted: March 4, 2024 Monday 07:00 AM