Consumer prices rose 3.2 percent in the year through October, decelerating from the previous month and showing encouraging signs under the surface.
Consumer prices rose 3.2 percent in the year through October, decelerating from the previous month and showing encouraging signs under the surface.
@CoffeeAddict sounds like we’re getting closer and closer to the “soft landing” becoming reality after all.
Right?! Fingers crossed though because I don’t want to jinx it lol.
It is crazy to think that inflation was hovering around 7% and 8% this time last year. It’s still higher than it was pre-pandemic, but the current 3.2% is much closer to the Federal Reserve’s 2% target.