Question #6 for 2020: Will the core inflation rate rise in 2020? Will too much inflation be a concern in 2020?

Earlier I posted some questions for next year: Ten Economic Questions for 2020 . I'm adding some thoughts, and maybe some predictions for each question. 6) Inflation: By some measures , inflation rate has increased and is now slightly above the Fed's 2% target. However core PCE was only up 1.6% YoY through November. Will the core inflation rate rise in 2020? Will too much inflation be a concern in 2020? Although there are different measure for inflation (including some private measures ) they mostly show inflation slightly above the Fed's 2% inflation target.  Core PCE was below the......(read more)

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