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It could happen, but there could be another more imminent concern to face down:inflation.
Back in September, inflation was at 2.4%.
At that time, the Federal Reserve believed wed finally beat inflation.
Well, clearly, we hadnt inflation has risen month over month since.
The only problem was the Federal Reserve Bank didnt have $5 trillion.
And that money was free, which, as we all know, isnt really a thing.
Theres always a consequence, and in this case the consequence was and is inflation.
That is called deflation.
They want the prices of things to rise less quickly.
This is called disinflation.
Why aim for disinflation and not deflation?
Because deflation indicates that the economy is going into a recession.
Yet here we are, with prices going back up.
Then between 2022 and 2023, it was raising interest rates to kind of fight the inflation problem.
That sentiment doesnt seem to have changed.
On March 7, Federal Reserve Gov.
1, auto insurance prices.
Those areas are furniture, rental cars, electronics and appliance prices.
Inflation disproportionately hurts consumers and it disproportionately hurts employees more than it hurts asset owners, Singh said.
Inflation actually benefits asset owners.
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