What about inflation? Nowadays, it’s a topic on everyone’s lips.
If we look at the present, are we living through a phase completely disconnected from the past, or does this and the last inflation cycle (2021–2022) resemble previous periods? And if so, what lessons can we learn from them?
Let’s embark on a journey through past inflation cycles.
Core CPI 1972-1974 vs Today
Sources: BLS, Bloomberg, Apollo Chief Economist