Category: Inflation Diary

Prices ebb and flow 

If you don’t buy, you won’t know 

A house you can’t forego

Shall I compare thee to history?
When inflation rates started with four or five
And economists declared victory,
Forgetting we need to spend to stay alive 

So why’s the Fed’s goal, two percent to keep,
To stabilize prices, where they don’t soar,
And maximize employment, not too low or deep,
A delicate balance so we roar

What we see today
Eyes the Fed’s prize, unlike the past,
Doesn’t mean we still won’t pay
For prices slow, yet seem to last.

Inflation’s now at two-point-six,
But lower still’s the needed fix