Consumer Warrior Clark Howard: A lot of stuff we buy is going down in price

Jacksonville FL — There’s no question that inflation is still a problem in the US, but Consumer Warrior Clark Howard says you may not have noticed but over the last few months a lot of the stuff that we buy has been going down in price. Clark says he’s seen a multi-month analysis of the cost of goods and prices have been going down over the last several months.

“The inflation that we’re still having right now is all on the services side and getting goods cost under control is the first step to healing our economy”. Clark says.

Clark says over 2023, we will still see more erratic news on prices, but the overall trend looks to be prices going down through the year.

The bad side for this year Clark says looks to be how much money people will make. He says Americans are not gonna see big pay raises in 2023.

This Wednesday the Federal Reserve is set to end its latest meeting and is expected to raise its short-term interest rate by a quarter of a point. It would be the 8th interest rate increase since March and it’s all in an effort to tame inflation.

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