Briefing
Inflation expectations: their sources and effects
Abstract: Shocks to the macroeconomy can affect the public's expectations about inflation. But if the Federal Reserve monitors those expectations carefully and vigilantly pursues price stability, it can establish credibility and keep inflation in check.
Keywords: Inflation (Finance); Monetary policy;
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2008
Issue: Oct
Order Number: 08-01