The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
    • CaptDust@sh.itjust.works
      6·
      3 months ago

      There is no deflation, that would be a sign of a failing economy. Best that can happen is prices stop rising and hold steady while wages catch up. The fed can encourage this by raising interest rates and cutting back currency supply, but that is the opposite of what the controlling party is pushing for.