Fed’s Barkin: Inflation is low. That’s a victory, not a defeat

Fed’s Barkin speaking
That’s a new way of looking at inflation this week….
Of course inflation used to be that invisible thief, that stole money from consumers pocketbooks.  Central banks and consumers alike were more concerned of inflation. If inflation expectations are high, it can lead to a self-fulfilling prophesy during growth times…"just because". Businesses feel that