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Home>Anchors ‘Away?’

Anchors ‘Away?’

Perspectives Content Submission

Mon, 11 Apr 2011

Those of us who spend time at central banks are often reminded by our hosts – or perhaps they are seeking to reassure us – that inflation expectations are “well anchored.” Looking over longer horizons, at least, it would appear they are: A history of the Michigan survey of inflation expectations (s
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