Commodity Prices and Inflation Expectations in the United States /

U.S. monetary policy can remain extraordinarily accommodative only if longer-term inflation expectations stay well-anchored, including in response to commodity price shocks. We find that oil price shocks have a statistically significant, but economically small impact on longer-term inflation compens...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Celasun, Oya
Weitere Verfasser: Mihet, Roxana, Ratnovski, Lev
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/089
Online Zugang:Full text available on IMF