Wholesale prices in the United States are decelerating–the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve started increasing interest rates. This is good news for American consumers. For the first time since the Great Recession, one in two Americans says they're worse off financially than they were the year before.
Yet amid this stress, one steelmaker in Ohio, Cleveland-Cliffs, is urging the federal government to take an ill-advised action that would guarantee its profitability at the expense of every family's budget.
