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Why do some attempts at disinflation lead to substantial reductions in inflation while others do not? We investigate … that a fundamental determinant of success in reducing inflation was the strength of the Federal Reserve's commitment to … disinflation at the start of its attempts. In episodes where its commitment was high, there were significant declines in inflation …
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We document that, during the COVID-19 era, the inflation expectations of Democrats remained strongly anchored, while … those of Republicans did not. Republicans' expectations not only rose well above the inflation target, but also became more … affiliation at the MSA level to show that the partial de-anchoring of expectations had implications for realized inflation …
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As a long-lasting and ongoing economic problem, inflation significantly affects how society views socioeconomic … concerns and how people go about living their daily lives. For South Asian economies, inflation is not only a hypothetical … effects of oil prices, technological advances, and labor market dynamics on inflation using the Panel ARDL on a subset of …
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