The current flatness in prices isn’t what the Federal Reserve wants. It would much rather see a little more inflation in the economy. Says Great Depression scholar Ben Bernanke: “Further disinflation would be unwelcome.” The Fed has work to do on that score.
Continue reading September’s 0.1% CPI Has the Fed on Deflation Alert
September’s 0.1% CPI Has the Fed on Deflation Alert originally appeared on DailyFinance on Fri, 15 Oct 2010 10:30:00.
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