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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Should the Fed Be Reading Into Consumer Surveys and Responding to Them?

Mabbe: How do you identify truly exogenous policy shocks? One said aren't for simply responding to what's going on in the world around them. Mabbe: The fed need to take inflation expectations measures from consumer surveys with a grain of salt.

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