Presenter(s)

    Nora Jackson

    Comments

    Presentation: 9:00-10:15 a.m., Kennedy Union Ballroom

    Download

    Download Project (121 KB)

    Description

    In 2022, the U.S. Federal Reserve initiated a tight monetary policy with unprecedented increases in the Federal Funds Rate. In this study, I examine the monthly growth rates sequentially for the Education and Communications component of CPI to determine if the rise in Fed Funds Rate has caused a downward trend in its inflation growth rate. I also compare a similar analysis for overall CPI. Lastly, I look to see if the growth rate trends for CPI and its Education and Communications component have similar trend direction. I use year over year by month growth rates and rolling 3 month growth rates annualized to determine the trend direction for CPI and the Education and Communications component.

    Publication Date

    4-19-2023

    Project Designation

    Independent Research

    Primary Advisor

    Jon Fulkerson, Robert Dean

    Primary Advisor's Department

    Economics and Finance

    Keywords

    Stander Symposium, School of Business Administration

    Institutional Learning Goals

    Scholarship

    Inflation Trends in a Rising Interest Rate Environment: An Analysis of Growth Rate Trends For the Education and Communications Component of CPI

    Share

    COinS