OPEN-SOURCE SCRIPT
US Inflation Rate [nb]
This is the United States inflation rate, based on the total Consumer Price Index published by the U.S. Bureau of Labor Statistics.
Option to toggle:
A line to display the inflation rate in December. It does not change until the next December.
What the color change to red is indicative of:
According to the Federal Open Market Committee (FOMC) regarding inflation rate, "2% is a bae number to be around". This does not imply a strict 2% inflation for success and allows room for federal rate cuts should they be needed.
Although FOMC declared 2% to be "bae" in 2012, James Bullard, of federal banking fame, claims that started to become the norm in 1995. Therefore the inflation rate line will only turn red 1995 onwards, and serves as a friendly reminder that inflation has been over at or over 2% for more than one month.
Sources:
bls.gov/cpi/
federalreserve.gov/newsevents/pressreleases/monetary20120125c.htm
stlouisfed.org/open-vault/2019/january/fed-inflation-target-2-percent
Option to toggle:
A line to display the inflation rate in December. It does not change until the next December.
What the color change to red is indicative of:
According to the Federal Open Market Committee (FOMC) regarding inflation rate, "2% is a bae number to be around". This does not imply a strict 2% inflation for success and allows room for federal rate cuts should they be needed.
Although FOMC declared 2% to be "bae" in 2012, James Bullard, of federal banking fame, claims that started to become the norm in 1995. Therefore the inflation rate line will only turn red 1995 onwards, and serves as a friendly reminder that inflation has been over at or over 2% for more than one month.
Sources:
bls.gov/cpi/
federalreserve.gov/newsevents/pressreleases/monetary20120125c.htm
stlouisfed.org/open-vault/2019/january/fed-inflation-target-2-percent
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
Inggin menggunakan skrip ini pada chart?
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.