Discussion Paper
The Effect of Oil Prices on Core Inflation: Recent Evidence from the Advanced Economies
Abstract: Elevated oil prices and heightened geopolitical uncertainty have renewed interest in a longstanding policy question: do supply shocks like oil-price increases pose a transitory or a persistent threat to price stability? This note sheds light on this question by providing new evidence on whether the inflation process has changed.
https://doi.org/10.17016/2380-7172.4190
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2026-11-09
Number: 2026-11-09-1