Inflation Pauses…For Now.

The Lone Cactus

It wasn’t anywhere near where the “experts” wanted it. Joe Biden certainly wanted to see better results. Democrats in Congress are still really worried, but for now at least, it looks like inflation is starting to take a bit of a pause. For now.

The April numbers came in this week and showed that inflation has cooled a bit. Back in March, inflation was hitting at an 8.5% clip. That slipped to 8.3% in April as prices only rose by 0.3% during last month. That’s overall. And the drop was not near where the “experts” thought it would end up. They felt that it would be closer to 8.1%, not the 8.3% it ended at. There were several things that caused it.

You may have noticed in April that gasoline took a drop of about 40 cents a gallon. Of course, by the beginning of May, it was back up…

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