FYI: The inflation rate may be the most fundamental determinant of the discount rate used to calculate the present value of an investment. Changes in the inflation rate therefore affect stock market valuation. What is the best way to forecast the inflation rate? How reliable is inflation forecasting? The following discussion provides the CXO Advisory Group LLC forecasts for U.S. total and core (excluding food and energy) inflation rates, along with the method for constructing the forecast and the rationale for the methodology.
Regards,
Ted
http://www.cxoadvisory.com/inflation-rate-forecast/