U.S. inflation likely to remain elevated for up to four years – BofA
When it comes to predicting future inflation, TIPS [1] is the thing to look at [2] - they are inflation-indexed bonds issued by the U.S. Treasury, and should track closely to what the market believes the average inflation will be over the next 5&#x2F;7&#x2F;10&#x2F;20&#x2F;30 years. They are accurate, because beating the efficient market hypothesis is really hard; anybody who has a better idea of how inflation will change could speculate on them to make money until the price moved to the better prediction.<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;United_States_Treasury_security#TIPS" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;United_States_Treasury_securit...</a>
[2] <a href="https:&#x2F;&#x2F;fred.stlouisfed.org&#x2F;series&#x2F;T5YIE" rel="nofollow">https:&#x2F;&#x2F;fred.stlouisfed.org&#x2F;series&#x2F;T5YIE</a>