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...

Повний опис

Бібліографічні деталі
Автор: Celasun, Oya
Інші автори: Mihet, Roxana, Ratnovski, Lev
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2012.
Серія:IMF Working Papers; Working Paper ; No. 2012/089
Онлайн доступ:Full text available on IMF