24min chapter

Odd Lots cover image

Austan Goolsbee on the 'Golden Path' to a Soft Landing

Odd Lots

CHAPTER

Inflation Expectations and Anchored Expectations

This chapter explores different measures used to track inflation expectations and emphasizes the importance of having anchored expectations. It discusses the behavior of expectations in the 1970s and the challenges faced by the Fed during that time. The chapter also examines the current market expectations and their influence on achieving desired outcomes.

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