EconomyVoters Are Feeling a Deeper Inflation Squeeze: Duppler

Mattie Duppler, founder and president of Forward Strategies and spokesperson for The Ledger Project, says a rate hike is now more likely than not after the latest CPI reading came in slightly above expectations. She argues that voters’ experience of higher grocery and gas prices matters more politically than the data itself. Unlike in 2022, consumers increasingly rely on credit cards and savings to manage high costs.