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Average Inflation Targeting and Household Expectations

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NBER2020-09-01 更新2025-01-04 收录
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Using a daily survey of U.S. households, we study how the Federal Reserves announcement of its new strategy of average inflation targeting affected households expectations. Starting with the day of the announcement, there is a very small uptick in the minority of households reporting that they had

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2020-09-01
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