The national inflation rate has subsided in recent months, but it’s still too high for the financial comfort of millions of Americans.
Not so in Minneapolis, the first major U.S. metropolitan area to successfully get a grip on inflation. In May, the official inflation rate for the Minneapolis–St.Paul–Bloomington region was 1.8%, lower than that of any other major metro area and just below the Federal Reserve’s 2% inflation target.
This Midwest metropolis is the first major US city to tame inflation and more regions are starting to catch on — here’s how and where it’s happening
Will your city be the next to rise out of the economic downturn?
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