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2024-10-19 11:55:58
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cnbc.com_3 on Nostr: Summary of Here's why inflation may look like it's easing but is still a huge problem ...

Summary of Here's why inflation may look like it's easing but is still a huge problem



The source article:
Here's why inflation may look like it's easing but is still a huge problem


By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.

https://www.cnbc.com/2024/10/19/why-inflation-may-look-like-its-easing-but-is-still-a-huge-problem.html

The article discusses the current state of inflation in the US economy, despite the Federal Reserve nearing its 2% inflation target. The article highlights the continued high prices of goods and services, and the challenges faced by individuals, businesses, and policymakers. It also mentions the Fed's decision to cut interest rates and the impact of inflation on household debt and small business credit.
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