The Associated Press puts it this way. "Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike." Some of America’s

The Associated Press puts it this way. "Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike." Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive... "I think consumers have gotten to the point where they’re just not accepting it,” Tom Barkin, president of the Federal Reserve Bank of Richmond, said last week at a conference of business economists... The reluctance of consumers to keep paying more has forced companies to slow their price increases — or even to cut them. The result is a cooling of inflation pressures. https://apnews.com/article/inflation-prices-consumers-economy-spending-federal-reserve-c69408f05baeffac0023ceb76b747999 https://apnews.com/article/inflation-prices-consumers-econom...