Is Trend Inflation at Risk of Becoming Unanchored? The Role of Inflation Expectations

Danilo Cascaldi-Garcia, David Lopez-Salido and Francesca Loria
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Francesca Loria: https://www.federalreserve.gov/econres/francesca-loria.htm

No 2022-03-31, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Since the start of the pandemic, views about the evolution of aggregate consumer prices moved swiftly from concerns about deflation to fears about excessive inflation. It is hard to find a parallel in the history of the U.S. economy—or the global economy more generally—to this rapid reversal of risks to the inflation outlook.

Date: 2022-03-31
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2022-03-31

DOI: 10.17016/2380-7172.3043

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