Daywatch: As food prices soar with inflation, Chicagoans rethink dining out

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Daywatch: As food prices soar with inflation, Chicagoans rethink dining out
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Good morning, Chicago. Here are some top stories to start your day: - Chicagoans adjust dining habits - Chicago Cubs soak up the unique atmosphere at the Field of Dreams game - The story of Princess Diana, as the media told it

as inflation hit 40-year highs. To combat inflation, the Federal Reserve has raised interest rates four times since March. Interest rate hikes are the only tool the Fed has to tamp inflation down, but doing so diminishes access to credit, raising fears of possible recession, though experts have said the economy isn’t there quite yet.

Over the last three months, 57% of people surveyed by the Chicago-based food industry market research firm Datassential said they’d cut back on restaurant spending because of inflation and higher prices. Fifty-six percent said they were visiting sit-down restaurants less often; half said they were cutting back on fast-food visits.

Curtis Herron, 36, of Chicago, has been missing since July 27, 2022 when he was last seen departing on his boat with a friend from an East Chicago Marina in Indiana, according to authorities. Dexter Sain and Curtis Herron, both 36, have been missing since they disembarked from East Chicago Marina in Indiana, where they were last seen by a friend on July 27, according to East Chicago police and the boaters’ families.Chicago Tribune editors' top story picks, delivered to your inbox each afternoon.

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