Core inflation rate slows to 3.2% in December, less than expected
Posted by College_Prestige
Core inflation rate slows to 3.2% in December, less than expected
Posted by College_Prestige
2 Comments
Inflation came in below expectations but still a touch on the high side.
Core CPI annual rate:
1 month: 2.7%
3 months: 3.3%
6 months: 3.2%
12 months: 3.2%
https://preview.redd.it/63zxso0u46de1.png?width=480&format=png&auto=webp&s=541dcadd5142d572d30c895521beadcde0da169a
[https://x.com/jasonfurman/status/1879532681043579383](https://x.com/jasonfurman/status/1879532681043579383)
Avg US inflation rate since…
1930 3.1%
1940 3.7%
1950 3.5%
1960 3.7%
1970 3.9%
1980 3.2%
1990 2.7%
2000 2.5%
The future doesn’t have to be like the past but the Fed’s 2% inflation target is a level we’ve basically never hit besides the 2010s which was a post-crisis decade
[https://x.com/awealthofcs/status/1879535634681139583](https://x.com/awealthofcs/status/1879535634681139583)