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Latest inflation figures are good news – even if they give a lot of people heartburn

  • Written by Christopher Decker, Professor of Economics, University of Nebraska Omaha
Latest inflation figures are good news – even if they give a lot of people heartburnHeadline inflation is cooling, too.Michael M. Santiago/Getty Images

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news.

That’s the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer prices rising 3.4% in the 12 months to April 2024. This is...

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