Inflation Predictions For 2013

Calculated Risk's 2012 prediction on inflation was right on the mark. His prediction for 2013 is very similar:

Given the Fed's tolerance for a little more inflation, we might see a little more inflation in 2013 than in 2012 - but I still expect inflation to be near the Fed's target. With high unemployment and low resource utilization, I don't see inflation as a threat in 2013.

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