Fed Watch: Gas Prices Falling
Tim Duy:
Gas Prices Falling: Gas prices continued to decline last week, falling to the bottom of the roughly $3.50-$4.00 range of the past two years:
Ever notice that when gas prices rise, Fed critics starting jumping up-and-down and screaming inflation, but never say a word about deflation when gas prices fall?
Posted by Mark Thoma on Thursday, December 13, 2012 at 09:10 AM in Economics, Fed Watch, Inflation |
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