Disch, Thomas M. "Descending." Fantastic Stories of Imagination, July 1964. Collected Under Compulsion. London, UK: Hart-Davis, 1968. Reprint 10th Annual Edition: The Year's Best SF. Ed. Judith Merril. NYC: Dell, 1965. For translations and reprints, see Internet Speculative Fiction Database, as of June 2022 at link here.
Grifter finds himself descending on an escalator he eventually compares to an exercise wheel in a squirrel cage: i.e., an unending journey getting nowhere. Or he may be going to another variation or Hell (or not). Discussed in on-line blog for 25 December 2020 by Glenn Cole Russell here.
RDE, finishing, 18Jun22