Inflation will ‘peak soon,’ have negative impact on stocks: Wells Fargo head global markets strategist
Wells Fargo head global markets strategist Paul Christopher argues inflation will cause people to ‘dip into their savings’ and ‘buy fewer goods.’
Inflation is hitting American wallets at a time when it hurts most, right around Thanksgiving and the pivotal holiday shopping season.
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Families are now battling the highest inflation rate since 1990, according to the Labor Department. Prices jumped 6.2% for U.S. consumers in October compared to a year earlier.
FOX Business takes a look at some of the regions running even hotter than the national average.