How Long Does Transitory Inflation Last?

Transitory May Mean About 6-9 Months
That implies elevated inflation may be with us for another several months from here. Not all Fed policy-makers share this view, with some suspecting inflation may linger further into 2022. The Fed is also, to some degree, keying off market expectations.

Is inflation transitory or permanent?

“Demand and supply will eventually meet each other, meaning that inflation will technically be transitory,” the authors write. “However, substantial wage increases are already occurring, which will raise the cost of many goods permanently.”

How long will inflation last?

Chief financial officers, on average, expect higher-than-normal cost increases to persist for eight to 10 months, according to a Duke University survey released Wednesday. Some worry inflation will linger longer. About one in four CFOs expect elevated costs to last through most of 2022.

Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.