To: econjack
Last year CPI +8.
This year is projected at +3.5.
The Fed target is +2.
To: Miami Rebel
There's a difference between inflation and the rate of inflation. All that these numbers say is that CPI change this year is projected to be "less bad" than last year. Ideally, we like to see the rate be 0, or perhaps even negative.
35 posted on
11/14/2023 11:47:06 AM PST by
econjack
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