Inflation is now running around 1%.  That’s really low.  There are financial benefits to low inflation, but low inflation generally doesn’t help businesses grow.

We know that salaries have not been growing for quite some time and until they do start to grow, it’s better to have low inflation.  A better scenario would be a little more inflation and equivalent salary growth.

Todd Kmiec

https://www.linkedin.com/in/toddkmiec/