Americans Expect Worsening U.S. Economy in 2023, WSJ Poll Finds
Over a third of voters say inflation is causing them major financial strain
Why Inflation Has Lasted for So Long
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Why Inflation Has Lasted for So Long
Why Inflation Has Lasted for So Long
Play video: Why Inflation Has Lasted for So Long
In 2021, officials thought that high inflation would be temporary. But a year later, it was still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected. Illustration: Jacob Reynolds
By John McCormickFollow
Updated Dec. 16, 2022 12:22 pm ET
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A majority of voters think the economy will be in worse shape in 2023 than it is now and roughly two-thirds say the nation’s economic trajectory is headed in the wrong direction, the latest Wall Street Journal poll shows.
The survey, conducted Dec. 3-7, suggests a recent burst of positive economic news—moderating gas prices and a slowing pace of inflation—haven’t altered the way many feel about the risk of a recession, something many economists have forecast as likely.
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