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55% of US adults report experiencing financial hardship because of rising prices
The Fed faces a ‘very narrow landing strip’ on inflation: Ross Mayfield
Baird investment strategy analyst Ross Mayfield says markets are trying to find ‘a place that makes sense’ heading into a ‘slow’ 2023.
According to a recent Gallup poll, many U.S. adults indicated their households have experienced financial hardship because of rising prices.
The poll, released Tuesday, found the proportion of Americans who said inflation was making their households experience financial hardship was 55%, marking a 1% drop from August. Of those in the latest poll reporting experiencing financial hardship, 13% said it as "severe" and impacting their ability to keep up their "current standard of living," according to Gallup.