Dave Ramsey issues warning on retail trend
Consumers need to be aware of what they’re buying.
In recent years, U.S. consumers have become painfully aware of the toll inflation can take. Although inflation has cooled substantially since peaking in 2022, in February, it was still going strong at 2.8% annually, per that month's Consumer Price Index.
Meanwhile, Americans remain frustrated by inflation, according to a February 2025 Wells Fargo survey, with 90% saying they're still surprised by the high prices of items like bottled water, gasoline, and dining out. The survey also found that 76% of U.S. consumers have cut back on spending to cope with higher costs across the board.
