Inflation Steady at 3.7%, Forcing Retailers to Use More Deceptive Discounts as Consumers Tighten Belts
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Inflation held steady at 3.7% in September, remaining above the Fed's 2% target.
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Retailers are using percentage discounts more often to hide true price increases from inflation.
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Ex-Walmart CEO says "40% off" discounts don't reveal much without knowing the original price.
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Consumers are starting to feel the impact of inflation in many areas of life.
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Signs show consumers are changing habits, spending less on cars, big items, and even groceries.