Briefing

Are We There Yet? The Road Back to 2 Percent Inflation


Abstract: Trend inflation has remained between 2.5 percent and 3.0 percent since the third quarter of 2023. Housing and food are key sectors for this trend. While services inflation has steadily fallen from its peak, goods inflation has risen since the latter half of 2024.

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File(s): File format is text/html https://www.richmondfed.org/publications/research/economic_brief/2026/eb_26-09
Description: Briefing

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2026-03-20

Volume: 26

Issue: 09