FOXNEWS The Journal Editorial Report February 12, 2022 20:05:00
Prices for the first time since the pandemic hit. so we have not seen this happen. incentive spending is finally started to creep back in. so cars have been what have driven inflation in the current episode, and the post- pandemic era it is car inflation that has been out front. we are seeing that begin to turn because investors are suffering fudge sticker shock you see car sales to consumers in the united states last year declined by 6%. but we also saw auto lending increased because car prices are so high. so the cure for high prices the transitory narrative coming home too late for the fede...