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Fortune
Fortune
Chloe Taylor

Wondering if inflation is cooling? One Fed official suggests keeping an eye on frozen lasagna prices

Inflation US Federal Reserve Neel Kashkari Stouffer Ted Rossman Bankrate CNN
A boxed Stouffer's frozen lasagna. (Credit: Julie Thurston Photography/Getty Images)

As inflation hit 40-year highs in 2022, market participants looked to the consumer price index to monitor how rapidly prices were changing.

However, one Federal Reserve official has revealed he has his own unconventional method for keeping an eye on inflation—and it’s accessible to anyone.

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