It’s good that it’s low, but that’s another 2.8% on top of the massive Biden inflation. We should be working to get the inflation rate to zero, or even a negative number.
“We should be working to get the inflation rate to zero, or even a negative number.”
That would be insane and will never be attempted. Deflation kills everything.
The FED is fine where it is. It has to balance between employment and inflation and this is the best it fan do at this time do to govt spending which isn’t going to change.
Stop federal government deficit spending.
And no, private sector borrowing is not part of it. They pay their loans back.