‘Adapt or give up’: Southern Nevadans forced to adjust as inflation rises

Stephen Miller, research director at UNLV’s Center for Business and Economic Research, said the August inflation report showed that a lot hasn’t changed in the economy.

“I don’t think there’s been really much of a change, the Fed is in charge,” Miller said. “And they’re going to reduce inflation, come hell or high water. It’s a short term cost in that the cost of not doing it now is that the longer term cost will be higher.”