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Posted on Jun 22, 2024

Consider the graph below, showing a relationship between the monthly unemployment rate (????) and the monthly core inflation rate (????) in the US in 2020,

Consider the graph below, showing a relationship between the monthly unemployment rate (????) and the monthly core inflation rate (????) in the US in 2020, along with the fitted regression line (???? = ?0.07 ? ???? + 1.87).
Monthly Core Inflation vs Unemployment Rate, Jan 2020 - Dec 2020 2.6 2.4 2.2 2.0 Feb Dec Sep Jan Nov Mar Oct Jul Aug Year Ago, Seasonally Adjusted Excluding Food and Energy, Percent Change from Personal Consumption Expenditures Price Index, Jun May Apr 0.0 0.0 10 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 Unemployment Rate, Seasonally Adjusted

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