Struggling Economy Frustrates Americans as Inflation Drops

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Americans facing the strains of a high cost of living were met with somewhat reassuring news when the government released a report indicating an unexpected dip in inflation for November. The Labor Department announced a 2.7% rise in the consumer price index compared to a year prior. However, concerns linger as this figure remains significantly higher than the Federal Reserve’s 2% target. Economists believe that the November numbers may be misleading due to the 43-day federal shutdown, which delayed the report. Many Americans have not experienced relief from the persistent high prices of essential goods like food, insurance, and utilities….