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The Fed's worst inflation fears may be coming true as consumers lose faith in long-term prices

"Critically, consumers appear worried that inflation will increase and proliferate beyond fuel price...

BUSINESS NEWS May 23, 2026

The Fed's worst inflation fears may be coming true as consumers lose faith in long-term prices

"Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run."

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On the same day that Kevin Warsh was sworn in as the new Federal Reserve chairman, the University of Michigan's consumer sentiment survey delivered a...

Author: Fortune

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