Prediction record

Hiteconomy

US core inflation declines considerably during 2023.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

I do think you will see core inflation come down considerably in in 2023

US core inflation declines considerably during 2023.

Made on
2022-10-28
Outcome
Hit
Importance
5 / 5
Contribution
+3.77

Criterion

Resolution status
resolved
Resolved on
2024-01-11

US core CPI year-over-year at end-2023 is materially below its late-2022 peak (e.g., core CPI YoY falls ≥2 percentage points from its 2022 high by Dec 2023).

Criterion (core CPI YoY falls ≥2pp from 2022 high by Dec 2023) is met: 6.6% (Sep 2022) → 3.9% (Dec 2023) = ~2.7pp decline. Resolved_on set to the Dec-2023 CPI release date.

Sources

  • The United States: Heading Into a Recession

    YouTube ·

    Source

Outcome evidence

  • Core CPI (all items less food and energy) YoY peaked in 2022 at 6.6% (Sep 2022 print). End-2023 core CPI YoY was 3.9% (Dec 2023, released 11 Jan 2024) — a decline of ~2.7 percentage points from the 2022 peak, exceeding the criterion's ≥2pp threshold.

    Evidence

  • J.P. Morgan and DOL summaries confirm the December 2023 core CPI reading at 3.9% YoY, materially below the late-2022 high.

    Evidence

Corrections

No public corrections.

Score contribution

+3.77
Confidence
65%
Outcome
Hit
Importance
5 / 5
Contribution
+3.77

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

US core inflation declines considerably during 2023.
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-10-28

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Evidence firstMethodology