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Deflation Has Been Rare in the US Since 1964

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#Deflation has been rare in the US since 1964 | #ChartOfTheDay #Markets

 

  • US has only had deflation in 2% of months since 1964
  • US had deflation following the Global Financial Crisis
  • The second period of deflation followed the oil price drop that began in late 2014
  • In Dec 2017, US inflation stood at 2.1%, just above Fed’s 2% target

 

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Posted in Chart of the Day