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Recent Inflation Surges Have Modestly Affected Long-Term Expectations

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  • J. Scott Davis

Abstract

Improvements in Federal Reserve credibility over the last 40 years have ensured that inflation expectations, particularly long-term inflation expectations, have so far remained well-anchored despite surging current inflation.

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Handle: RePEc:fip:d00001:94095
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File URL: https://www.dallasfed.org/research/economics/2022/0405
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