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Inflation Expectations and the Fed’s New Monetary Framework

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Abstract

Markets are expecting higher inflation in coming years, which could test the Fed’s new strategy of flexible average inflation targeting.

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  • Aaron Amburgey & Michael W. McCracken, 2021. "Inflation Expectations and the Fed’s New Monetary Framework," On the Economy 94012, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:94012
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    Keywords

    inflation; monetary policy;

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