Question

What will be the correlation of the change of the inflation rate and the unemployment rate from 2022 to 2031?

3 comments3

Total Forecasters11

Community Prediction0.0334

Make a Prediction

My Prediction

community

lower 25%

median

upper 75%

...

-0.1074

0.03342

0.1892

Authors:

ege_erdil

Opened:

Closes:

Scheduled resolution:

Economy & Business

Pearson correlation coefficient

What will be the correlation of the inflation rate and the unemployment rate from 2022 to 2031?

0.029

Will unemployment be useful in forecasting the inflation rate in the same year given the inflation rate in the previous year?

51%

Nominal Shocks and Real Shocks

Comments

? comments

Authors:

ege_erdil

Opened:

Closes:

Scheduled resolution:

Economy & Business

Pearson correlation coefficient

Progress on inflation has most likely stalled for now

NBC•Nov 13, 2024

Inflation hit a bump in October after slowing for six straight months

CNN•Nov 13, 2024

Current US Inflation Rates: 2000-2024

•Nov 14, 2024

Learn more about Metaculus NewsMatch

What will be the correlation of the inflation rate and the unemployment rate from 2022 to 2031?

0.029

Will unemployment be useful in forecasting the inflation rate in the same year given the inflation rate in the previous year?

51%