Limited Impact of Rising Energy Prices on U.S. Inflation, Inflation Expectations in 2020–23

Abstract: Predictions of $100 per barrel oil during the coming winter have raised fears of persistently high inflation and rising inflation expectations for years to come. However, quantitative analysis suggests that these concerns have been overstated.

Keywords: Energy; Inflation; Economic Conditions;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2021-11-23