1. Go to FRED to obtain inflation rates measured as the percent change in the CPI. Use the code: CPIAUCSL. Click the button EDIT GRAPH. Under Units, click Percent Change from Year Ago.
2. What was the inflation rate in February 2020, the month before the last recession? 
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4. What was the highest inflation rate between February 2020 and June 2023? 
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6. What caused the inflation rate to rise from where it was in February 2020? 
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8.  What are the two most recent inflation rates, that is, for May 2023 and June 2023? 
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10. Did prices rise during June 2023? 
11. Why is the inflation rate falling from where it was a year ago? 
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Inflation Rate in February 2020 The inflation rate in February 2020 can be obtained from the CPI dat... View the full answer