If you look at
most inflation gauges, including the Cleveland Fed's trimmed mean and median CPIs, you see a bit of upward drift, as you'd expect in year eight of an economic expansion wherein inflation has heretofore been uniquely low.
Not exact matches
Most important, an NGDP target would free central banks from the confusion caused by the broken
inflation gauge.
The
most reliable
inflation gauge, the consumer price index, rose sharply in 1946.»