Federal Reserve to cut interest rates in 2024

Definitions in link below are how I understand it.

  • Inflation is a sustained increase in the price level of goods and services.
  • Disinflation is a decrease in the rate of inflation.
  • Deflation is a sustained decrease in the price level of goods and services.

https://www.stlouisfed.org/open-vault/2023/august/explaining-inflation-disinflation-deflation

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