U.S. inflation volatility in the 1990s and early 2000s was not much different from its level in the 1960s; the decline relative to the 1960s occurred only at quarterly and monthly frequencies.
Notes on verification
Directly matches the findings of a Federal Reserve FEDS Note (Hulseman and Detmeister, 2017), corroborated by bibliographic citations. No independent empirical replication found, but source is authoritative and specific. [tier=silver indep_score=0.875 clusters=2 claim_tier=notable]
Sources
- Was There a Great Moderation for Inflation Volatility? (seed:economics_and_business)
- https://ideas.repec.org/f/pka393.html (corroboration)
- https://www.journals.uchicago.edu/doi/10.1086/ma.17.3585284 (corroboration)