Why the Fed Doesn’t Want You to Get Too Used to High Inflation

P.M. Edition for July 5. Consumers have been paying higher prices for so long, they may be getting used to it. That’s a problem for the Federal Reserve, which is trying to bring down prices without landing the economy in a recession. WSJ chief economics correspondent Nick Timiraos joins host Annmarie Fertoli to explain. Learn more about your ad choices. Visit megaphone.fm/adchoices