7 ms·
The cumulative inflation will not be undone even if the inflation rate falls next year.
by llovan 5y ago
The cumulative inflation will not be undone even if the inflation rate falls next year.
- cma 5y agoThe rate can fall to negative, i.e. deflation can happen. It probably won't overtake inflation overall but it will be expected in areas like used cars. It isn't a one way ratchet.