The slowdown in price growth is a significant step in the right direction. But higher prices for many goods and services could be in store for a while.
https://www.vox.com/policy-and-politics/2022/8/10/23298245/inflation-prices-drop-economy
Inflation is finally slowing down. Will things get cheaper?
Submitted 2 years ago by realcaseyrollins to Finance
https://www.vox.com/policy-and-politics/2022/8/10/23298245/inflation-prices-drop-economy
sj_zero@lotide.fbxl.net 2 years ago
If prices go down, central banks will freak out and dump interest rates and restart QE.
The only hope is eventually getting a raise.