Inflation Trends in a Rising Interest Rate Environment: An Analysis of Growth Rate Trends For the Transportation Component of CPI
Download Project (73 KB)
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.
Jon Fulkerson, Robert Dean
Primary Advisor's Department
Economics and Finance
Stander Symposium, School of Business Administration
Institutional Learning Goals
"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.
Presentation: 9:00-10:15 a.m., Kennedy Union Ballroom