US experts believe inflation will fall, eventually

CPI inflation surges above consensus forecasts, but economists expect a turning point soon

Inflation target

The US is experiencing inflation on a scale not seen for 20 years. Growing anxiety among consumers looks set to be reinforced after consumer price index (CPI) figures released today (July 13) surged above consensus estimates.

At the same time, there is growing anxiety among central bankers that inflation expectations will unanchor.

“Once inflation expectations become unanchored in this way, it is very difficult and economically painful to lower them,” said Federal Reserve governor Christopher

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account