We propose a new approach to assessing the anchoring of inflation expectations using "strategic surveys". Namely, we … measure households' revisions in long-run inflation expectations after they are presented with different economic scenarios. A … key advantage of this approach is that it provides a causal interpretation in terms of how inflation events affect long …

This note develops an econometric model of inflation dynamics to assess recent developments. We find that most of the … Fed's monetary policy. If high markups unleash important competitive pressures across firms, then inflation and thus …-perhaps motivated by attempts by workers to recover previous shortfalls in earnings-inflation and interest rates could stay high for a …