fukhueson@lemmy.world to News@lemmy.world · 2 months agoMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comexternal-linkmessage-square33fedilinkarrow-up1161arrow-down14
arrow-up1157arrow-down1external-linkMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comfukhueson@lemmy.world to News@lemmy.world · 2 months agomessage-square33fedilink
minus-squareThorny_Insightlinkfedilinkarrow-up7arrow-down2·2 months 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.