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How Well Are Inflation Expectations Anchored? Two Datasets Compared

Anna Cole and Michael McCracken

On the Economy from Federal Reserve Bank of St. Louis

Abstract: What anchors inflation expectations? An analysis breaks down how anticipated drift from the Fed’s 2% target and divergence among forecasts each contribute.

Keywords: inflation; inflation expectations; inflation forecasts; inflation expectations anchoring; Survey of Professional Forecasters (SPF); Michigan Survey of Consumers (search for similar items in EconPapers)
Date: 2025-09-25
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