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Walmart CEO Has Some Great News About Inflation

Maurie Backman, The Motley Fool
·3 min read
Walmart CEO Has Some Great News About Inflation

It's been hard to find an economic news story this year without the word "inflation" in the headline. The reality is that higher living costs have been a problem since the second half of 2021, when generous stimulus policies put lots of cash in Americans' bank accounts and created a wide gap between supply and demand that drove prices up. In a CNBC interview, McMillon said that inflation levels are falling with regard to discretionary merchandise like apparel, sporting goods, and toys.

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