fukhueson@lemmy.world to News@lemmy.world · 2 years agoMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comexternal-linkmessage-square32fedilinkarrow-up1154arrow-down14
arrow-up1150arrow-down1external-linkMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comfukhueson@lemmy.world to News@lemmy.world · 2 years agomessage-square32fedilink
minus-squareThorny_Insight@lemm.eelinkfedilinkarrow-up6arrow-down2·2 years agoJust a reminder that inflation slowing down doesn’t automatically mean the prices will drop too. It only means the prices stop increasing. You’d need deflation to make the prices come down and that would be even worse for the economy.
Just a reminder that inflation slowing down doesn’t automatically mean the prices will drop too. It only means the prices stop increasing. You’d need deflation to make the prices come down and that would be even worse for the economy.