Opinions & observations: Federal Reserve hopes years of near-zero rates will spur inflation — but there are risks
“Federal Reserve hopes years of near-zero rates will spur inflation — but there are risks” was originally published by The Conversation.
In a healthy economy, prices tend to go up – a process called inflation.
While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up at about the same pace during periods of inflation.