EconoFact: A Rich Tufts Resource for Quick, Accessible Economics Digests
Wednesday, April 10th, 2024
When inflation peaked at 8.9 percent on a year-over-year basis in June 2022, many predicted—or even expected—a recession. However, between August 2022 and August 2023, consumer prices rose only 3.7 percent. The rapid deceleration surprised… Read More