Inflation Expectations, the Phillips Curve, and the Fed’s Dual Mandate

Jane E. Ihrig, Ekaterina V. Peneva and Scott Wolla
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Jane E. Ihrig: https://www.federalreserve.gov/econres/jane-e-ihrig.htm
Ekaterina V. Peneva: https://www.federalreserve.gov/econres/ekaterina-peneva.htm

Page One Economics Newsletter, 2021

Abstract: This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years, how the relationship between inflation and employment is changing, and what the Federal Open Market Committee (FOMC) has recently stated about its strategy to meet its price stability goal.

Keywords: deflation; Federal Open Market Committee (FOMC); fomc; inflation; inflation rate; wage inflation (search for similar items in EconPapers)
Date: 2021
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