Viewing a single comment thread. View all comments

MentallyUnchallenged t1_jefk6jf wrote

0.3% per month is still about 3.7% a year, nearly double the target 2% rate of inflation.

8

Benedict-Donald t1_jefwv2j wrote

While true, did you expect inflation to go from 9% straight down to 2%? A gradual decrease is still good news.

22

jdfred06 t1_jeg48k7 wrote

Agreed. I would be more concerned if it dropped to 2% annual in a few months time.

Hell, I also think 2% is a little aggressive.

8

Bucksandreds t1_jegwjau wrote

The target is 2-2.5% not 2% and .3% monthly equate it’s 3.6% not 3.7% yearly.

0