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Central Bank Communication with the Polarized Public

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NBER2025-03-01 更新2025-03-08 收录
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This paper examines the impact of political polarization on public trust in the Fed and its influence on macroeconomic expectations. Using a large-scale survey experiment which we fielded on President Trump's 2025 inauguration day, we study how households form beliefs about the Fed regarding its

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2025-03-01
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