Fed interest rate policy guidelines
U.S. Inflation and Unemployment
January 16, 2013
U.S. inflation is significantly under long-term norms. Consumer prices rose 1.7% between the end of 2011 and end-2012. By comparison, the CPI rose 3.0% in the previous twelve months. Over the five years to December 2012, CPI inflation averaged 1.8% per year compared to average inflation of 3.0% during the past 30 years and 3.6% […] More
