Is Inflation Over? A Closer Look at the Numbers

TLDRThe core PCE inflation rate is now at 1.87%, meeting the Fed's target. However, some argue that the inflation rate could still rise. A chart comparing inflation in the US to the 1970s raises concerns about the potential for a rapid increase. On the other hand, another chart shows a similarity to the post-World War II era, suggesting that the current inflation could be transitory. The small sample size of inflation periods makes predictions challenging.

Key insights

📈Core PCE inflation is currently at 1.87%, meeting the Fed's target.

📊A chart comparing inflation to the 1970s raises concerns about a potential rapid increase.

📉Another chart suggests a similarity to the post-World War II era, implying that current inflation could be transitory.

Q&A

What is the current core PCE inflation rate?

—The current core PCE inflation rate is 1.87%.

Could inflation still rise further?

—Some argue that inflation could still rise, despite the current rate meeting the Fed's target.

Timestamped Summary

10:00The core PCE inflation rate is currently at 1.87%, meeting the Fed's target.

15:42A chart comparing current inflation to the 1970s raises concerns about a potential rapid increase in inflation.

25:15Another chart shows a similarity between current inflation and the post-World War II era, suggesting that this inflation could be transitory.

Browse more