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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Bibliografiska uppgifter
Huvudupphovsman: Celasun, Oya
Övriga upphovsmän: Mihet, Roxana, Ratnovski, Lev
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/089
Länkar:Full text available on IMF