Corporate America Cares Less and Less About Inflation

Concern over inflation is waning among large U.S. companies

Corporate America is starting to care less about inflation. A survey of 375 senior executives by the Conference Board found that only 40% are now concerned about inflation, down from 62% in April.

This decline in concern is likely due to the fact that inflation has started to moderate in recent months. The Consumer Price Index, which measures the prices of goods and services purchased by consumers, rose by 8.5% in July, down from a peak of 9.1% in June. What does this mean for consumers?

The decline in corporate concern over inflation is good news for consumers. It means that companies are less likely to raise prices, which should help to keep inflation under control.

However, it is important to note that inflation is still a problem. The current rate of inflation is still well above the Federal Reserve's target of 2%. This means that the Fed is likely to continue raising interest rates in order to bring inflation down. What can consumers do to protect themselves from inflation?

There are a number of things that consumers can do to protect themselves from inflation.

* **Shop around for the best prices.** When you need to buy something, take the time to compare prices from different stores. You may be able to save money by buying the same item from a different store or by buying it online.

* **Buy generic brands.** Generic brands are often just as good as name brands, but they cost less. When you can, buy generic brands to save money.

* **Cut back on unnecessary spending.** Take a close look at your budget and see where you can cut back on unnecessary spending. This could free up some money to help you pay for rising prices.

* **Invest in yourself.** The best way to protect yourself from inflation is to invest in yourself. Learn new skills, get a degree, or start a business. This will help you to increase your earning potential and make yourself more competitive in the job market.