In recent years, how has the U.S. inflation rate compared with rates in other industrial economies?  Use data from the link below:  The Federal Reserve Bank of St. Louis maintains a Web page devoted to international economic trends. Please go to 

Expert Answers

An illustration of the letter 'A' in a speech bubbles

Using the data given in the link that you provided, we can see that inflation in the United States was generally higher than that of the other truly industrialized countries for which information was available.  In the first graph, we can see that US inflation followed the same general trends as inflation in Canada, Japan, and the UK.  The US sometimes had lower inflation rates than Canada and the UK, but was generally higher.  The US inflation rate was typically somewhat higher than inflation rates in the Euro zone.  Thus, we can see that the US generally had higher inflation than the other industrialized countries shown in this link.

Approved by eNotes Editorial Team