Will current inflation be only transitory? What will US CPI be for 2022?

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§ Judgement rule

How will the final result of the question be determined?

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This question will settle with the precent change of the Consumer Price Index of the U.S. Bureau of Labour Statistics between end of 2021 and 2022.
Reference date: Dec. 31, 2022, 24:00 EST

Answer options

Widget Price
● Below 2 % (incl. deflation)
4.94 %
● 2 - 3 % (David Kelly is right)
1.54 %
● 3 - 4 %
1.31 %
● 4 - 5 %
7.19 %
● 5 - 6%
8.26 %
● 6 - 8%
54.86 %
● 8 to 10%
10.67 %
● More than 10%
11.20 %

Price trend

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Wiki article

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JP Morgan's David Kelly on CNN - Copyright: Screenshot of cnn.com as per 18 November 2021J.P. Morgan Asset Management's Chief Global Strategist David Kelly predicts that current inflation [as of November 2021] will be only transitory. In a video interview with CNN, he claims: "We will see inflation that starts with a 2 rather than a 6!" Slowing will start within the next few months, he says.

Let's see if he's right and verify his prediction!

Link to Kelly's interview on CNN.

 

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