Recent Inflation Surges Have Modestly Affected Long-Term Expectations

Jonathan Davis

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Improvements in Federal Reserve credibility over the last 40 years have ensured that inflation expectations, particularly long-term inflation expectations, have so far remained well-anchored despite surging current inflation.

Keywords: Inflation; Finance (search for similar items in EconPapers)
Date: 2022-04-05
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:94095

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