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Inflation, Expectations and Monetary Policy: What Have We Learned and to What End?

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NBER2025-05-01 更新2025-05-31 收录
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We review recent research and experiences linking inflation and expectations, emphasizing what has been learned since 2020. One clear lesson is that the inflation expectations of most economic agents have been and remain unanchored. The unanchored nature of inflation expectations, in combination

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2025-05-01
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