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Keywords:Consumer Price Index 

Discussion Paper
A Closer Look at the Recent Pickup in Inflation

Inflation has picked up in the last few months. Between June and November 2010, the twelve-month change in the seasonally adjusted consumer price index (CPI) was stable, at slightly above 1 percent, but it jumped to 3.1 percent as of last April. Higher food and energy prices have been an important factor behind this pickup in “headline” inflation. However, core inflation has also increased; the year-over-year core CPI (excluding volatile food and energy prices) moved from a record low of 0.6 percent in October 2010 to 1.3 percent in April.
Liberty Street Economics , Paper 20110606

Journal Article
Did Communicating a Numerical Inflation Target Anchor U.S. Inflation Expectations?

Macro Bulletin

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