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/biz/ - Business & Finance

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>> No.50631011 [View]
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50631011

>Price of Widgets (2020): $100
>Price of Widgets (2021): $110 (10% inflation)
>Price of Widgets (2022): $117.70 (10%+7% inflation)
>Price of Widgets (2023): $120 (10%+7%+2%, FRED's target inflation)
Why doesn't FRED work on maknig widgets $106.12 (2%+2%+2%) which -10% inflation instead?

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