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Inflation! On the Move! February 14, 2023

Posted by geoff in News.

Last few months have been pretty nice, watching inflation slow down to near-zero. But today’s report shows it on the move again:

(Chart downloaded from the St. Louis Fed.)

I think some people are thinking that somehow the prices might go back to their pre-Biden levels. Ain’t happening. I’ll be happy if we just get back to 2% inflation.



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