Where Might Inflation Head?
Fernando Martin
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
Excess savings created from past federal aid indicate consumption will likely remain high. This suggests inflationary pressures may persist despite the Fed’s tightening.
Keywords: inflation; excess savings (search for similar items in EconPapers)
Date: 2023-05-09
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:96127
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