Why has Core Inflation Remained so Muted in the Face of the Oil Shock?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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To help policymakers form a judgment on inflation risks and the required monetary policy stance the
OECD has developed an analytical framework based on a set of 'eclectic' Phillips curves estimated for the
two largest OECD economies, the United States and the euro area, which is presented in this paper. This
framework is used in the preparation of...
