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As a response to the Covid-19 outbreak, the United States unveiled a $2 trillion package in March - the largest of its kind. Aside from the expansion of debt, potential inflation has been a cause for concern. But several factors ensure that broad inflationary pressures will almost certainly be absent during the lockdown and likely in the immediate period after.
What does the coronavirus mean for inflation?
Inflation is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods. Like most things, it