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Americans’ Refusal to Keep Paying Higher Prices May Be Dealing a Final Blow to US Inflation Spike

Posted on the 12 August 2024 by Phil's Stock World @philstockworld

WASHINGTON (AP) - The great inflation spike of the past three years is nearly spent - and economists credit American consumers for helping slay it. Some of America's largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and ...

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