On top of unemployment causing inflation to decrease, food prices have dropped significantly to help this constant. Inflation for now is at a low and constant place right now, but how long can it stay?
"A strong dollar and weaker oil prices are keeping a lid on inflation..." The Feds are struggling to figure out how they'll deal with interest rates, whether they should raise them or keep them the same. But aside from all of this, food prices are dropping at an unbelievable rate. "Whole sale chicken egg prices fell 24.2 percent in July after soaring a record 84.5 percent in June." So how does this effect people in the business? Are they making less money? Obviously they are, so for them this isn't good news, but for our government and the sake of our economy, it is good news.
This good news of inflation has its negatives. These prices are going down not only from food prices but also for oil prices and energy. So which one is better for worse?
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