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Why Is Inflation So Low?


  • Hee Sung Kim
  • Juan M. Sanchez


The U.S. inflation rate has been below the Fed?s 2 percent inflation target since 2012. In this article, we revisit the merits of some of the most common explanations for the current low inflation rate.

Suggested Citation

  • Hee Sung Kim & Juan M. Sanchez, 2018. "Why Is Inflation So Low?," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 26(1).
  • Handle: RePEc:fip:fedlre:00171

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    Cited by:

    1. Lei Lv & Zhixin Liu & Yingying Xu, 2019. "Technological progress, globalization and low-inflation: Evidence from the United States," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-19, April.

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