Economists Say the Cost of Living Crisis Is over - Here's Why Many Households Disagree

Economists say the cost of living crisis is over - here's why many households disagree

The best measure of economic "feelgood factor" is to subtract inflation and taxes from people's nominal pay - with the outcomes showing how some households are more fortunate than others.

Trump points to easing inflation numbers, but Americans still face high prices, reduced purchasing power (copy)

High prices, reduced purchasing power and heavy debt loads confront many American households even as year-over-year government numbers show inflation easing from post-pandemic highs.

Antoni: Trump’s economy soars instead of crashing

Many so-called experts predicted that President Donald Trump’s economic agenda would usher in an inflationary Armageddon. This projection was so oft repeated in the media that many Americans, especially Democrats, believed a depression was imminent. Yet the economy is thoroughly beating expectations, with consumers’ expectations becoming increasingly optimistic. Upon taking office again, Trump reiterated the economic policy goals that he laid ou…

Economists say the cost of living crisis is over - here's why many hou

Talk to economists and they will tell you that the cost of living crisis is over. They will point towards charts showing that while inflation is still above the Bank of England’s 2% target, it has come down considerably in recent years, and is now “only” hovering between 3% and 4%. So why does the cost of living still feel like such a pressing issue for so many households? The short answer is because, depending on how you define it, it never end…