Using Inflation Expectations to Boost Consumer Spending Poses Policy Risks

Alex Almeida, Monica Barbosa, Mary A. Burke and Ali Ozdagli

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Communication that raises inflation expectations has been suggested as a policy tool for central banks. Our research suggests that this policy tool has some limitations that central banks must manage when implementing it.

Keywords: Inflation; Monetary Policy (search for similar items in EconPapers)
Date: 2021-09-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:93025

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