Cleveland Fed Predicts Low Inflation Over Next Decade

Recently, financial publications, including The Wall Street Journal, have reported that some investors are betting inflation could eventually spike as central banks and governments across the globe print money and spend in response to the pandemic. But for the time being, inflation does not appear to be a threat, according to this model by the Cleveland Federal Reserve. The online tool, which considers several factors, predicts a 1.23% annualized rate of inflation over the next decade. 6/24/2020