Heading Back Down to Nothing (Musical Tribute)

The following chart shows the 30 year moving average of the annual change in the consumer price index.


Click to enlarge.

Note the nearly perfect parabola.

March 18, 2014
Weak U.S. inflation, housing data point to sluggish growth

The Fed targets 2 percent inflation and it tracks an index that is running even lower than the CPI. With inflation falling short of their target, Fed officials are likely to bide their time before raising benchmark overnight rates from zero.

Shocking.


Nothing from LJ Frezza on Vimeo.

See Also:
Wrong Way Siegel Strikes Again

Source Data:
St. Louis Fed: Custom Chart