---
title: What is the state of inflation?
description: The inflation rate average for the next few years is expected to land at around 3%, almost double the 2015-2019 average of 1.6%.
---

[FTR | Ask the Experts ](https://ask.ftrintel.com)

# [What is the state of inflation?](https://ask.ftrintel.com/inflation-nov-21)

 Written by [Bill Witte](https://ask.ftrintel.com/author/bill-witte) | Nov 23, 2021 4:15:58 PM

Bill Witte fields a question about the state of inflation and shares his outlook going forward.

This Q&A response from The FTR Experts came from our November State of Freight Economic Outlook webinar. View the video and the key takeaways below.

 

**Key Takeaways:**

- The inflation rate average for the next few years is expected to land at around 3%, almost double the 2015-2019 average of 1.6%.
- This figure exceeds the Federal Reserve's average target of 2%.

 

[View full post](https://ask.ftrintel.com/inflation-nov-21)

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