Sapphire Velvet@lemmynsfw.com to Economy@lemmy.worldEnglish · 11 months agoInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgexternal-linkmessage-square9fedilinkarrow-up120arrow-down13
arrow-up117arrow-down1external-linkInflation has cooled a lot. So why do things still feel so expensive?text.npr.orgSapphire Velvet@lemmynsfw.com to Economy@lemmy.worldEnglish · 11 months agomessage-square9fedilink
minus-squareCoreidan@lemmy.worldlinkfedilinkEnglisharrow-up9·11 months agoWhen they say “inflation is cooling” it means inflation is still happening but not as fast. It doesn’t mean deflation is happening. Prices won’t come down until deflation.
When they say “inflation is cooling” it means inflation is still happening but not as fast. It doesn’t mean deflation is happening. Prices won’t come down until deflation.