Inflation, deflation and disinflation: What's the difference?
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Inflation, deflation and disinflation: What's the difference?
The Federal Reserve raised short-term interest rates this week by a quarter percentage point, bringing the central bank's benchmark rate to a range of 4.50% and 4.75%. During Jerome Powell's press conference on Wednesday, the Federal Reserve Chairman used terms like inflation, deflation and disinflation, but what do those terms actually mean ...
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