Tag Archives: Michigan Surveys of Consumers

I am interested in inflation expectations (acting like a macroeconomist for a change). In particular I am thinking about something Brad DeLong just tweeted. He says his subjective probability of sustained inflation due to expected inflation causing current inflation is still just 40% Why “.only a 40% chance …? Because bond markets expect the Fed to get inflation down to 2% not in the short run of next year but in the medium run of three...

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