Is the US economy now at risk of deflation?

Sharing is Caring!

Inflation has fallen from 9% to 3.1% in just 18 months

Is the US economy now at risk of deflation? pic.twitter.com/qMY0kCJi97

— Game of Trades (@GameofTrades_) January 2, 2024

The New York Fed's measure of underlying inflation (the "multivariate core trend" rate) ticked down to 2.3% in November from a downwardly revised 2.4% (originally reported as 2.6%) for October

This was the lowest reading since the end of 2020 https://t.co/84wzo4Vk6i pic.twitter.com/2y5dMiv1sp

— Nick Timiraos (@NickTimiraos) January 2, 2024

See also Germany, Europe’s powerhouse, faces collapse: energy shortages, aging workforce, stagnating economy. If the Greens can ruin Germany, imagine what they'd do to your country.

See also Welfare for illegal aliens drains UK economy, challenging open borders myth.

379 views