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When will inflation finally fall below 2%?

1 year 10 months ago
Has inflation reduction stalled out? Only partly: Inflation in goods went to zero two years ago and has stayed there ever since. However, nominal wage growth continues to play catch-up with overall inflation—and since the price of services is driven largely by wages this has kept services inflation high. Eventually these two will come down ...continue reading "When will inflation finally fall below 2%?"
Kevin Drum