PIERRE, (KCCR) — Inflation trends in the middle of the country were better in December than previous months according to the monthly Mid-America Business Conditions Index. Creighton University economics professor Dr. Ernie Goss says inflation gauge dipped last month…
Goss says the consumer price index is up five-tenths of one-percent over the last quarter of 2023…
Goss says he expects inflation to hit the Fed’s target of two-percent this year…
Goss says it’s more important to compare month-to-month changes versus year-to-year changes in inflation trends.