Disparities in US inflation have policy implications – study
State-level differences in price rises have increased since 2010s, says San Francisco Fed study
Differences in inflation between individual US states have been growing since the early 2010s, a study by the Federal Reserve Bank of San Francisco has found. The study, published on April 7, says these dynamics have implications for the effectiveness of monetary policy. National-level data, it adds, does not reflect the lived experiences of individual states.
“Those differences accelerated during the pandemic and the subsequent inflation surge,” write the authors, Sabrina Considine and Andrew
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