Is Trend Inflation at Risk of Becoming Unanchored? The Role of Inflation Expectations
Posted: 12 Apr 2022
Date Written: March, 2022
Since the start of the pandemic, views about the evolution of aggregate consumer prices moved swiftly from concerns about deflation to fears about excessive inflation. It is hard to find a parallel in the history of the U.S. economy—or the global economy more generally—to this rapid reversal of risks to the inflation outlook.
Suggested Citation: Suggested Citation
Cascaldi-Garcia, Danilo and Lopez-Salido, David and Loria, Francesca, Is Trend Inflation at Risk of Becoming Unanchored? The Role of Inflation Expectations (March, 2022). FEDS Notes No. 2022-03-31, Available at SSRN: https://ssrn.com/abstract=4077463 or http://dx.doi.org/10.17016/2380-7172.3043
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