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Federal Reserve Bank of Richmond: Inflation Expectations of Fifth District Firms
April 26, 2025
RICHMOND, Virginia, April 26 -- The Federal Reserve Bank of Richmond issued the following Regional Matters analysis by Zach Edwards, Sonya Ravindranath Waddell and Felipe F. Schwartzman:

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Inflation Expectations of Fifth District Firms

Introduction

In early 2021, inflation in the U.S. began to climb, with the Consumer Price Index (CPI) peaking at 9 percent on a year-over-year basis in 2022. Since then, inflation has come down considerably. . . .

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