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by zhte415
1315 days ago
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It isn't, yet it is. The price is still 20% you, and still 0% mom. If reported as inflation still at 20%, does that affect perceptions of inflation, and if so, expectations of inflation? Because expectations of inflation often turn out to be self fulfilling drivers of inflation. Reported as inflation stable even if it is 20%? Better? Not that 0% is a great target, but that's a separate issue. |
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