this post was submitted on 14 Nov 2023
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Neoliberal

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Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets

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Consumer prices rose 3.2 percent in the year through October, decelerating from the previous month and showing encouraging signs under the surface.

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[–] Neblib@mastodo.neoliber.al 1 points 1 year ago (1 children)

@CoffeeAddict sounds like we're getting closer and closer to the "soft landing" becoming reality after all.

[–] CoffeeAddict@kbin.social 1 points 1 year ago

Right?! Fingers crossed though because I don’t want to jinx it lol.

It is crazy to think that inflation was hovering around 7% and 8% this time last year. It’s still higher than it was pre-pandemic, but the current 3.2% is much closer to the Federal Reserve’s 2% target.