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Inflation Is Way Down. Is It by Design or Just Luck?
The Daily
The Fed's Policy Response to Gas Prices
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The decline in gas is pretty much unrelated to federal policy and much more in the realm of luck. Changes in oil and gas prices are almost always the result of big global trends. Decisions made by Russia, decisions made by Saudi Arabia, the speed of growth in other big economies like China. You can get some domestic policies. But mostly this is sort of this big external force acting on the economy.
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