The uncertainty of U.S. core inflation, measured by the stochastic volatility of forecast errors, has soared to a level … increase after a positive shock to core inflation uncertainty in a vector autoregression. Endogenous changes in household … inflation expectations help to understand the transmission mechanism through which an inflation uncertainty shock generates …

The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining … persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion …

The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining … persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion …

developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to …

markets now expect is not enough to reduce inflation to targets, experience from previous global recessions suggests that the …

situation helps to explain the surge in the country's inflation and its very high growth in financial condition from late 2007 …

exception of the Great Moderation. We analyze the Fed and pre-Fed periods in terms of the rates and volatilities of inflation … real GDP growth has been lower under the Fed, while inflation has been higher. The volatilities of inflation and GDP growth …