President's Message: A Shift in the Inflation Winds?

Tom Barkin

Econ Focus, 2022, vol. 22, issue 3Q, 1

Abstract: At the Fed, a lot of work has gone into anchoring inflation expectations in recent decades. As a result, our economy has seen, from the early 1980s until last year, an era of remarkably low and stable inflation — sometimes called "the Great Moderation."

Keywords: inflation; labor market; fiscal policy (search for similar items in EconPapers)
Date: 2022
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