Shoppers push carts into a Costco warehouse on Friday, August 4, 2023, in Thornton, Colorado. The stickiness of inflation could endanger a rare ‘soft landing’, that is, slowing inflation without derailing the American economy.
AP David Zalubowski
Shoppers push carts into a Costco warehouse on Friday, August 4, 2023, in Thornton, Colorado. The stickiness of inflation could endanger a rare ‘soft landing’, that is, slowing inflation without derailing the American economy.
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Over the past year, inflation in the United States has tumbled from nine per cent all the way to three per cent softening most of the price pressures that have gripped the nation for more than two years.

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