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?

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


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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