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...
Auteur principal: | |
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Autres auteurs: | , |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2012.
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Collection: | IMF Working Papers; Working Paper ;
No. 2012/089 |
Accès en ligne: | Full text available on IMF |