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

Authors

Presenter(s)

Patrick Burns

Comments

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

Files

Description

Rising levels of inflation has caused the Federal Reserve to substantially increase the Federal Funds rate in 2022 - in this study I analyze the monthly growth rate pattern for the transportation component of CPI to see if the increases in the Federal Funds rate have brought about a decline in its growth rate trend - I also carry out a similar analysis for CPI. Finally, I compare the growth rate trends for CPI and its transportation component to see if the trend pattern is similar. I use year-over-year by month growth rates and rolling 3 month growth rates annualized to carry out my trend analysis.

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 Transportation Component of CPI" (2023). Stander Symposium Projects. 2828.
https://ecommons.udayton.edu/stander_posters/2828