2min chapter

The Daily cover image

Inflation Is Way Down. Is It by Design or Just Luck?

The Daily

CHAPTER

Inflation Is Down, but the Fed Isn't Declaring Victory Here

Inflation is down overall quite a bit, but we've learned that a lot of it isn't truly the result of Fed policy. Gas prices are down right now, but the Fed can't control them and they might rise again. But if you're a consumer, you also don't want this to be temporary. And 4% inflation is better than 9%, but it's still not as good as 2%.

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