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A comment on U.S. inflation cools again, giving Fed room to downshift on rates. Parent comment

Re:U.S. inflation cools again, giving Fed room to downshift ... by roywiggins on Thursday January 12, 2023 @10:50AM (#34355304)
Inflation went up and then fell back down. It did involve more fed intervention than had been predicted! But it did come down.

That seems to qualify as "transitory" inflation to me, as opposed to persistent inflation that doesn't abate.

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