There still is inflation, but the idea that it's still terribly high is just not true. We are currently below 5% annualized inflation. This is an average over the last year; the rate for the past few months is lower still. The 10%-ish inflation that started this panic is long behind us.
There still is inflation, but the idea that it's still terribly high is just not true. We are currently below 5% annualized inflation. This is an average over the last year; the rate for the past few months is lower still. The 10%-ish inflation that started this panic is long behind us.
https://data.bls.gov/timeseries/CUSR0000SA0&output_view=pct_...