The consumer price index was expected to increase 0.3% in June and 3.1% from a year ago.
Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.
List of bailouts economist have supported:
Banks, airlines, car companies, banks again, and anyone claiming to have a covid impacted business.
List of bailouts economists have not supported:
Student loan debt.
See a pattern? Inflation is only an issue when it involves helping the poor or middle class. The moment it helps a big corp or a well-connected donor it is just good policy.