Low Inflation in the United States: A Summary of Recent Research
Posted: 31 Oct 2015
Date Written: November 23, 2015
Abstract
Inflation in the United States has been running at low levels. Over the five years ending in December 2014, the percent change in the Consumer Price Index (CPI), at 8.8 percent (or 1.7 percent at an annual rate), was the lowest rate of price increase seen in the United States in half a century.
Suggested Citation: Suggested Citation
Kiley, Michael T., Low Inflation in the United States: A Summary of Recent Research (November 23, 2015). FEDS Notes No. 2015-11-23 https://doi.org/10.17016/2380-7172.1665, Available at SSRN: https://ssrn.com/abstract=3721667
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