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Takes 12 years on average to get to 2% inflation after 5% CPI

"Fund provider VanEck sees inflation remaining stuck between 3% to 5% for many years...Since 1960, it has taken 12 years on average for inflation to slow to 2% or lower once the US consumer price index has breached 5%."
Yahoo-Bloomberg Img:Reuters
2023-05-20 20:30:11