Economy

Transitory Now vs. 71 Years ago

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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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