Discussion Paper
A (Bayesian) Update on Inflation and Inflation Persistence
Abstract: Inflation in 2021 reached the highest level seen since the early 1980s. High inflation has raised questions regarding the speed with which inflation may return to the 2-percent range consistent with the Federal Reserve's inflation objective.
https://doi.org/10.17016/2380-7172.3349
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2023-07-07
Number: 2023-07-07