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U.S. inflation set to fall for first time in 6 years, but prices may stay high
MarketWatch says inflation is already receding from a three-year high, yet it will likely not translate into immediately lower everyday costs for Americans.
Inflation in the United States appears positioned to drop for the first time in six years, according to MarketWatch, as the earlier surge begins to recede.
The outlet notes that while inflation had climbed to a three-year high, that momentum is easing.
Still, MarketWatch cautions that Americans are unlikely to see a quick improvement in affordability, suggesting that prices may remain elevated even as inflation slows.
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