Abstract
The COVID-19 pandemic influences peoples everyday living as well as the functioning of the society in many aspects including healthcare, government policies and so on. The effects that act on economics and finance are nonnegligible. There are changes in peoples investment expectations and strategies when taking the current inflation situation into consideration. Moreover, citizens of the United States change their consumption preferences correspondingly, which can have a considerable effect on the United States economy. In this paper, the author will examine how the COVID-19 pandemic effects these aspects in the United States using inflation situation as a parameter and indicator. The author will largely focus on the historical data of GDP deflator, inflation rate, and CPI. The first two indexes are significant and common indicators when reviewing inflation situations, while the third index reveals inflation situation as well as changes of peoples consumption habits. Based on the historical data, the author will then estimate the future trend of inflation situations, and finally provide some suggestions based on the analysis of the historical data.
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