NY Times: Is the Inflation Storm Letting Up? By Paul Krugman
More broadly, recent reports on the inflation measures the Federal Reserve traditionally uses to guide its interest rate policy have been really, really good.
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I was hopeful we'd see Inflation rates dropping and they are but with the CV19 disaster unfolding in China as I write this we might not be out of the woods yet as regards supply chain caused inflation. We'll see by spring. If anything brings it down it will probably be a recession next year.
It's hard to predict, some news is positive. My grocery bill is still through the roof, I doubt that changes. Lots of companies raised prices because they could, they used inflation as a shield and price gouged us.
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