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

Authors

Presenter(s)

Nora Jackson

Comments

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

Files

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

Recommended Citation

"Inflation Trends in a Rising Interest Rate Environment: An Analysis of Growth Rate Trends For the Education and Communications Component of CPI" (2023). Stander Symposium Projects. 2827.
https://ecommons.udayton.edu/stander_posters/2827