Headlines from Across the MAP
May 19, 2022Americans continue to feel the sting of inflation. Consumer prices rose 8.3% in April from a year ago. As a result, U.S. households are spending an additional $341 a month to purchase the same goods and services compared to a year ago due to inflation above typical inflation of 2%, according to an analysis by Moody’s Analytics senior director Ryan Sweet.
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- CNBC: "More Than $200 Billion Erased From Entire Crypto Market in a day as Sell-off Intensifies"
- CNBC: "Inflation is Costing U.S. Households an Extra $341 a Month. Here’s What’s More Expensive and how you can Save Some Money"
- Market Watch: "Consumer Sentiment Hits Ten-Year Low Amid High Prices, UMich Survey Finds"
- Bloomberg: "Not a Single Car Was Sold in Shanghai Last Month"
- The New York Times: "The Rich are not who we Think They are. And Happiness is not What we Think it is, Either."
- Of Dollars And Data: "Right Now, But Wrong Later"
