Federal Reserve Bank of Boston | bostonfed.org |
Bank Administration, 7 January 2020
What's up with inflation?
▶ Not enough?
▶ Some big questions about inflation:
▶ How can we best measure long-run
expectations?
▶ What is the role that long-run
expectations play in determining
inflation?
▶ Does core PCE effectively capture the
underlying trend for inflation? Do other
measures capture the trend better?
▶ Trimmed mean inflation
▶ (Weighted) Median PCE inflation
▶ Bottom line: I'm not quite so worried
about inflation
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