Yeah, they’re supposed to in a healthy economy. We’d prefer it to be
At about 2% over last year. It was a little over 3%, so elevated interest rates persist. But that number was 9% 2 years ago. So, it moderated. Inflation, that is, which is defined as price increases. In English. Moderating inflation means a declining rate of price increases. In English. It doesn’t mean prices decline.
And that’s all anybody’s said. Inflation has moderated. Which it indisputably has.
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In response to this post by TomKazanski)
Posted: 04/05/2024 at 4:33PM