3 ms·
Shouldn’t occur in a positively inflationary recession. That is behavior that we would expect in a deflationary recession like the prelude to the 2008 period, 2
by ethn 4y ago
Shouldn’t occur in a positively inflationary recession. That is behavior that we would expect in a deflationary recession like the prelude to the 2008 period, 2007. If it goes to around 4%, I will start worrying.