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
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:94936
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