What the Trimmed Mean Says About Future Inflation: Broadening Price Pressures Ahead

Abstract: As we look ahead to the rest of this year and into 2022, we expect that even as some of the extreme price increases responsible for the recent surge in headline inflation fade, a broader swath of goods and services will show meaningful price increases.

Keywords: Monetary Policy; Economic Conditions; Labor;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2021-07-01