Disinflation. That’s a word we haven’t heard in a long time.

dis·in·fla·tion /ˌdisənˈflāSH(ə)n/ The reduction in the rate of inflation. But let’s not confuse this with deflation.

de·fla·tion /dəˈflāSH(ə)n/ Is the general decline in prices for goods and services.

To be clear, prices are still going up, just at a slower pace. This tends to have less harm to the economy and may indicate a softer landing for a recession.

Schools out, go have fun at recess and enjoy the rest of your week.