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Comment: The importance of inflation expectations

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Inflation has been under control for several decades and is historically low.
But opinion is now divided: some fear enduring ‘lowflation’; others price instability.
Much will depend on the future dynamics of inflation expectations.
For now, inflation expectatio...

 

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Comment: The importance of inflation expectations

Inflation has been under control for several decades and is historically low. But opinion is now divided: some fear enduring ‘lowflation’; others price instability.