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...

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Détails bibliographiques
Auteur principal: Celasun, Oya
Autres auteurs: Mihet, Roxana, Ratnovski, Lev
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2012.
Collection:IMF Working Papers; Working Paper ; No. 2012/089
Accès en ligne:Full text available on IMF