Americans are predicting that inflationary pressures will continue to build steam, while about half of them are claiming financial hardships because of the rise in prices, indicating a morose economic outlook for at least the next six months.
Based on a recent Gallup poll, nearly eight in 10 Americans believe that inflation will continue to increase, with half expecting the rate to “go up a lot.” Almost 10 percent of them expect inflation to go down or remain the same.
