Inflation is cooling, but prices on many items are going to stay high for months

cnbc.com/2023/01/25/inflation-is-cooling-but-high-prices-will-stick-around.html

Inflation may be cooling. But, for most Americans, the price of a cup of coffee or a bag of groceries hasn't budged. In the months ahead, the big question is whether consumers will start to feel relief, too. Over the past few months, many of the key factors that fueled a four-decade high in inflation have begun to fade. Shipping costs have dropped. Cotton, beef and other…

This story appeared on cnbc.com, 2023-01-25.
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