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Tags: cost | living | inflation | prices | government | spending | regulation

Hoping Prices Go Back Down? Think Again

The cost of living remains high due to ongoing inflation, high housing costs, and rising debt, with experts saying cutting government spending and regulation could help. (Getty Images)

By    |   Thursday, 12 September 2024 09:36 AM EDT

It's heard every day in grocery stores and other retail settings across the country: When are these prices going to go back down?

The general answer is they aren't because while the days of 7% annual inflation have subsided, Americans remain mired in a financial quagmire that includes sky-high housing prices, exploding revolving debt, and a federal government that refuses to stop borrowing and curtail spending.

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It's heard every day in grocery stores and other retail settings across the country: When are these prices going to go back down?
cost, living, inflation, prices, government, spending, regulation, debt, housing, economy
1127
2024-36-12
Thursday, 12 September 2024 09:36 AM
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