2026-11-13 03:30:42
Oil Price Impact on Core Inflation Surges Post-Pandemic, Fed Report Shows Coefficient Jumps to 0.65
According to a Federal Reserve report released on November 9, the impact of oil price shocks on core inflation in advanced economies has significantly strengthened since the pandemic, with the persistence coefficient rising from 0.30 to 0.65. The report, authored by economists Andrea Michellis and M
