Tone deaf articles like this make a mockery of people struggling to make ends meet.

(1) The measurement basket isn’t representative of real life and therefore “inflation” isn’t really 2%

(2) Even if we’re back at 2% “targets” we’re still dealing with the shock of +15% (minimum) price increases the last 3 years. We’re growing off of a much higher base.

Spare me the condescending explanation articles, WSJ. I might cancel my subscription if y’all keep this propaganda up.

https://www.wsj.com/economy/central-banking/inflation-2024-outlook-economy-98defce9