@[email protected] to politics • 4 days agoInflation falls to 2.4%, lowest in three yearswww.axios.commessage-square86fedilinkarrow-up1321arrow-down110cross-posted to: politics_no_um
arrow-up1311arrow-down1external-linkInflation falls to 2.4%, lowest in three yearswww.axios.com@[email protected] to politics • 4 days agomessage-square86fedilinkcross-posted to: politics_no_um
minus-square@caffinatedonelinkEnglish1•1 day agoIt shouldn’t mean lower prices; deflation is bad, we just want a low rate of inflation. What we do want is for wages to outpace that, and for the past couple of years, they have for people at the lower end of the scale (which is also good)
It shouldn’t mean lower prices; deflation is bad, we just want a low rate of inflation. What we do want is for wages to outpace that, and for the past couple of years, they have for people at the lower end of the scale (which is also good)