Why is the cost of living still a concern, even though inflation has declined to 2.6%?

In many elections over the past two years, voters have ranked inflation as their top concern.
As we can see, the prices of many commodities remain above pre-COVID levels, with gold and meat prices currently much higher than they were at the inflation peak in 2022.

Consciously or unconsciously, both investors and consumers seem to feel that the cost of living will remain elevated for a prolonged period. Moreover, there is always a risk that inflation might creep back up again.

Feeder Cattle Futures & Options
Ticker: GF
Minimum fluctuation:
0.00025 per pound = $12.50

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agricultureagriculturetrendBeyond Technical AnalysisCommoditiescostoflivingfeedercattleFundamental AnalysisGFinflationLElivecattleTrend Analysis

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