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Monetary Policy Surprises and Inflation Expectations

Yu-Ting Chiang and Jesse LaBelle
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Yu-Ting Chiang: https://research.stlouisfed.org/econ/chiang/oc/

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The private sector may slightly underestimate the short-term impact of monetary policy surprises on inflation but may predict longer-term effects fairly well.

Keywords: monetary policy; inflation (search for similar items in EconPapers)
Date: 2022-10-13
New Economics Papers: this item is included in nep-mon
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