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What Do Components of Key Inflation Measures Say about Future Inflation?

Michael McCracken and Trần Khánh Ngân

On the Economy from Federal Reserve Bank of St. Louis

Abstract: A new analysis suggests that the food expenditures category of the consumer price index could be a useful signal of future headline inflation.

Keywords: food expenditures; Consumer Price Index (CPI); headline inflation; inflation (search for similar items in EconPapers)
Date: 2023-05-25
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