U.S. Core CPI Drops by Most on Record in April

The video discusses the historical context and current state of the Consumer Price Index (CPI) data, highlighting a significant drop in the core rate due to the economic shutdown. It explores the impact of reduced demand on prices, particularly in sectors like gasoline and apparel. The discussion shifts to concerns about deflation and the potential for future inflation, considering factors like oil prices and economic recovery. The Federal Reserve's perspective on temporary deflation and the timeline for inflationary pressures are also examined.

According to the text, when might inflation become a significant issue?

What factors are suggested to influence future inflation rates?