Rate cuts with little risk? The unexpected taming of US inflation.

Posted on AllSides July 31st, 2019
From The Center
interest rates, inflation

When it comes to economics, expectations often become reality. One prime example: the risk of inflation unexpectedly tamed at the same time consumers’ fears of it subsided.

Inflation – the rip-roaring variety that skyrocketed prices in the 1970s and shrunk pay raises to irrelevance – has gone missing for a long time in the United States.

Even in boom times, like now, price rises have been tame. And no one is quite sure why.

Against this backdrop, the Federal Reserve today cut interest rates for the first time since the...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.csmonitor.com/Business/2019/0731/Rate-cuts-with-little-risk-The-unexpected-taming-of-US-inflation

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right