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Why Consumers Are So Glum About An Economy Where Inflation is Down and Jobs Are Plentiful

Official measures of inflation are missing a major part of the cost of living and its absence may explain why people feel so glum about the economy at a time of plentiful jobs and cooling inflation. ....

United States , Lawrence Summers , Judd Cramer , Karl Oskar Schulz , University Of Michigan , Federal Reserve , Federal Reserve Bank , Harvard University , International Monetary Fund , Consumer Price Index , Consumer Price , Marijn Bolhuis ,