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Does the Recent Decline in Household Longer-Term Inflation Expectations Signal a Loss of Confidence in the FOMC?


  • Bundick, Brent

    () (Federal Reserve Bank of Kansas City)

  • Smith, Andrew Lee

    () (Federal Reserve Bank of Kansas City)

  • Herriford, Trenton

    (Federal Reserve Bank of Kansas City)

  • Pollard, Emily

    (Federal Reserve Bank of Kansas City)


Households have lowered their longer-term inflation outlooks, but they appear confident in the FOMC’s ability to achieve stable prices.

Suggested Citation

  • Bundick, Brent & Smith, Andrew Lee & Herriford, Trenton & Pollard, Emily, 2017. "Does the Recent Decline in Household Longer-Term Inflation Expectations Signal a Loss of Confidence in the FOMC?," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-5, Jun 21.
  • Handle: RePEc:fip:fedkmb:00054

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    FOMC; Inflation; Monetary Policy;


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