Follow up on this post from two and a half years ago:
Figure 1: Year-on-year CPI inflation (blue), and lagged 71 years (852 months) (tan). Source: BLS via FRED, and author’s calculations.
On a half-yearly annualized basis:
Figure 2: 6 month annualized CPI inflation (blue), and lagged 71 years (852 months) (tan). Source: BLS via FRED, and author’s calculations.
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