How Much Do Oil Prices Affect Inflation?

2 Pages Posted: 19 Aug 2015 Last revised: 29 Apr 2020

See all articles by Christopher J. Neely

Christopher J. Neely

Federal Reserve Bank of St. Louis - Research Division

Date Written: 2015

Abstract

It is puzzling why large monthly or quarterly oil price changes predict very small changes in the CPI but daily oil prices predict large changes in breakeven inflation.

Suggested Citation

Neely, Christopher J., How Much Do Oil Prices Affect Inflation? (2015). Economic Synopses, Issue 10, 2015, Available at SSRN: https://ssrn.com/abstract=2646123

Christopher J. Neely (Contact Author)

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