Journal Article
President's Message: A Shift in the Inflation Winds?
Abstract: At the Fed, a lot of work has gone into anchoring inflation expectations in recent decades. As a result, our economy has seen, from the early 1980s until last year, an era of remarkably low and stable inflation — sometimes called "the Great Moderation."
Keywords: inflation; labor market; fiscal policy;
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Description: Journal Article
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Provider: Federal Reserve Bank of Richmond
Part of Series: Econ Focus
Publication Date: 2022
Volume: 22
Issue: 3Q
Pages: 1