Macro Musings with David Beckworth cover image

Carola Binder on the Importance of Inflation Expectations and How Policymakers Should Respond

Macro Musings with David Beckworth

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How Do Americans View Higher Inflation?

Worries about inflation has now risen to the point where it is perceived by americans as te top problem facing the nation. The diffusion, the widespread part of it that's going up, was e half of advanced economies and about 70 % of emerging market. And we haven't seen like this in a long time. So why do you think households care so much about inflation? It does have a big effect on people and their finances. We also usually have hired disp nersionn for these price changes which are hard to keep track of. Inflation is thus now essentially tied with issue s relating to the way the nation is being governed as the top problemfacing the nation.

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