Discussion Paper
Will Household Expectations Follow Professional Forecasters'?
Massaro, Emily; Jorento, Daeus; Peneva, Ekaterina V. (2015-10-07)
In January 2012 the FOMC announced an explicit 2 percent objective for inflation as measured by the price index for Personal Consumption Expenditures (PCE).
FEDS Notes , Paper 2015-10-07

Discussion Paper
Did the Fed's Announcement of an Inflation Objective Influence Expectations?
Detmeister, Alan K.; Jorento, Daeus; Massaro, Emily; Peneva, Ekaterina V. (2015-06-08)
Economic theory suggests that inflation expectations are a key determinant of actual inflation.
FEDS Notes , Paper 2015-06-08-2