{"id":9055,"date":"2022-10-15T12:06:03","date_gmt":"2022-10-15T12:06:03","guid":{"rendered":"http:\/\/lonecandle.com\/?p=9055"},"modified":"2022-10-15T12:06:03","modified_gmt":"2022-10-15T12:06:03","slug":"would-the-inflation-reduction-act-actually-reduce-inflation","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=9055","title":{"rendered":"Would the Inflation Reduction Act actually reduce inflation?"},"content":{"rendered":"\n<p>\n\n&#8220;I think it\u2019s likely to have a modest downward effect on inflation, so directionally, I think it is likely to push downward on prices. But that\u2019s unlikely to be the primary effect of the legislation, given how many specific policies there are.<\/p>\n\n\n\n<p>Most of the impact on inflation and the broader economy from this legislation is likely to be medium-term, not felt in the immediate next few months, which is how households are thinking about inflation.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/policy-and-politics\/2022\/8\/4\/23292338\/congress-inflation-reduction-act-reduce-biden\">https:\/\/www.vox.com\/policy-and-politics\/2022\/8\/4\/23292338\/congress-inflation-reduction-act-reduce-biden<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;I think it\u2019s likely to have a modest downward effect on inflation, so directionally, I think it is likely to push downward on prices. But that\u2019s unlikely to be the primary effect of the legislation, given how many specific policies there are.<br \/>\nMost of the impact on inflation and the broader economy from this legislation is likely to be medium-term, not felt in the immediate next few months, which is how households are thinking about inflation.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[542,217,165,1316,906,411],"class_list":["post-9055","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-congress","tag-economics","tag-economy","tag-inflation","tag-legislation","tag-policy"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/9055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9055"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/9055\/revisions"}],"predecessor-version":[{"id":9056,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/9055\/revisions\/9056"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}