Inflation remains top of mind for consumers and business

The rate of inflation has slowed since June when consumer prices rose 9.1 percent year-over-year. High prices, however, remain a major concern for consumers and the companies that sell them goods and services. “The rise and fall of inflation is mostly symmetrical. It took 16 months to peak and now we expect it will take a like amount of time to get to a tolerable level,” said Nancy Tengler, CEO and chief investment officer with Laffer Tengler Investments.