top | item 35444301

(no title)

ppaattrriicckk | 2 years ago

If anybody is interested, maybe this should be considered along with the core inflation rates - which is high in the US (peaked at 7% within the last 12 months and currently at 5.5%) and possibly still rising in the EU (12-month peak [now] at 5.7%).

If the central banks are going to stick to their declared purpose of keeping this around 2% we're still in for further rate hikes, I would imagine.

* https://tradingeconomics.com/united-states/core-inflation-ra...

* https://tradingeconomics.com/euro-area/core-inflation-rate

I know it's not within the desired behaviour on HN to simply write "thank you!", and I hope I did provide a bit more than just that. That being said: Thank you! Also to ed_balls and madcaptenor for collecting data in the other thread.

discuss

order

neffy|2 years ago

Hopefully they are not quite that stupid. Inflation is a lagging indicator, so expect it to start dropping fairly quickly as the -12 months price delta normalises, against the M2 injection 2 years ago.

M2 continues to drop (this is a bad thing for stability, but will feed into prices dropping over time):

https://fred.stlouisfed.org/series/M2SL