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re: Can someone make a case for 0% interest rate?
Posted on 9/12/19 at 11:33 am to LSURussian
Posted on 9/12/19 at 11:33 am to LSURussian
Inflation is at 1.7% and dropping. During this same timeframe wage growth has increased 3.2%. We are not experiencing a 2% inflationary environment
1
Posted on 9/12/19 at 11:39 am to OleWarSkuleAlum
quote:It dropped by a whopping .1% for ONE MONTH, mainly due to a drop in oil prices. With energy and food prices removed, inflation was 2.4% in August.
Inflation is at 1.7% and dropping.
Don't pretend that the Fed shouldn't be paying attention to the core inflation rate.
The "2%" figure is the Fed's inflation goal. The core inflation rate is currently exceeding that goal.
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