Inflation is Falling, Prices are Rising
Inflation fell from 12.1% to 3.4%. However, the price level has been rising since 2021 at an annual rate of 4.3%, compared with 2.3% during the euro era — a doubling in sixteen years rather than thirty.
Tag: CPI
Is cheap money backfiring?
From rate cut expectations to pricing in two hikes: how the new Federal Reserve chair, persistent inflation and quantitative tightening changed the bond landscape.