Will US inflation go above 3% before unemployment goes below 4%?

Plus

Ṁ1573

Nov 13

40%

chance

ALL

Will the 12 month average, seasonally unadjusted Consumer Price Index (CPI) go above 3% (YES) before the unemployment rate goes below 4% (NO)?

In other words, will price increases accelerate before there are more jobs?

Unemployment as of Oct 4 was 4.1%. Numbers are released on the first Friday of every month here.

Inflation is estimated based on the Consumer Price Index (CPI), which is released every month. CPI as of September was 2.5%. Trend over time data here.

I’ll extend to the next releases date of each of these numbers until the question is resolved.

This question is managed and resolved by Manifold.

Get

1,000

and

3.00

3 Comments

7 Holders

13 Trades

Sort by:

No change in the unemployment rate, holding steady at 4.1%.

Next release date for inflation numbers is Nov 13.

reposted

Next release date Nov 1!

The all items index rose 2.4 percent for the 12 months ending September, the smallest 12-month increase
since February 2021.

Related questions

Related questions