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Low Inflation in the United States : A Summary of Recent Research

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Abstract

Inflation in the United States has been running at low levels. Over the five years ending in December 2014, the percent change in the Consumer Price Index (CPI), at 8.8 percent (or 1.7 percent at an annual rate), was the lowest rate of price increase seen in the United States in half a century.

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  • Michael T. Kiley, 2015. "Low Inflation in the United States : A Summary of Recent Research," FEDS Notes 2015-11-23, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2015-11-23
    DOI: 10.17016/2380-7172.1665
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