Inflation? Can't be! The government says so.
Of course, it could be that the government is terrified that raising interest rates to control inflation (that doesn't exist, don't forget) will light the fuse on another foreclosure bomb. That would also be happening at the same time that the National Association of Realtors realized, whoops!, they've been overestimating housing sales figures by like 20% for the last 5 years. Too bad refusing to raise rates to counter (purely hypothetical) inflation is only likely to make things significantly harder to harness down the line.
