Quantifying the COVID-19 Effects on Core PCE Price Inflation

Luciani, Matteo

doi:10.17016/2380-7172.2875

FEDS Notes

2021

DOI: 10.17016/2380-7172.2875

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Quantifying the COVID-19 Effects on Core PCE Price Inflation

Matteo Luciani

Abstract: The 12-month change in core PCE price inflation was 1.5 percent in December. Why was core inflation so low in 2020? How much of this weakness can be attributed to the COVID pandemic? And what does this mean for inflation going forward?

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Quantifying the COVID-19 Effects on Core PCE Price Inflation

Abstract: The 12-month change in core PCE price inflation was 1.5 percent in December. Why was core inflation so low in 2020? How much of this weakness can be attributed to the COVID pandemic? And what does this mean for inflation going forward?

Cited by 0 publications

References 1 publication

No citations

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