
Carola Binder on the Importance of Inflation Expectations and How Policymakers Should Respond
Macro Musings with David Beckworth
00:00
Is the Fed Doing Its Job?
If the fed's doing its job, like if it's systematically sponding to shocks, that could effect inflation. Would we expect there to be less relationship between for cast of inflation and actual inflation? Well, are the forecast capturing the fact that the fet is going to do its job? Lae isate that question. It o like this circular ardicular but ye.
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