U.S. CPI inflation outlook

Some Thoughts on U.S. Inflation

November 15, 2016

This note considers changing U.S. inflation over the past half century, using total consumer prices rather than core CPI or the consumer spending price deflator. For the purposes of a study covering decades, core CPI and headline CPI should in theory converge. Consumer prices were selected rather than the PCE deflator simply for easier access […] More