Consumers’ and Economists’ Differing Inflation Views Can Complicate Policymaking
Abstract: Economists and consumers likely think of different concepts when they consider inflation. Economists typically focus on the underlying trend that monetary policy can steer. U.S. consumers appear to think instead about unpredictable changes in prices most relevant to their regular decision-making.
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2019-06-25