Why Is Core Inflation So Low Compared to Previous Business Cycles?

Why Is Core Inflation So Low Compared To Previous Business Cycles? The Consumer Price Index Less Food & Energy (Core CPI) is very low compared to previous business cycles in the US, for several reasons: – not fast-rising money supply – globalization: inflation is a global phenomenon – lack of wage acceleration – increase in…

Inflation Forecasts

Inflation Forecasts Deutsche Bank forecasts U.S. core PCE inflation to reach 2.0% by 2026, with U.S. core CPI projected at 2.4% and U.S. headline CPI at 2.4%. Image: Deutsche Bank