(Reuters) - The task has become easier, but is still a very imprecise
science, according to papers presented at a conference hosted
here by the Dallas and Cleveland Federal Reserve banks.
The Federal Reserve, European Central Bank and other
authorities care about expectations for inflation because it
helps them gauge how households view price shocks, like a jump
in the cost of oil, and compare it with their own forecasts.
Read more at Reuters.com Economic News
science, according to papers presented at a conference hosted
here by the Dallas and Cleveland Federal Reserve banks.
The Federal Reserve, European Central Bank and other
authorities care about expectations for inflation because it
helps them gauge how households view price shocks, like a jump
in the cost of oil, and compare it with their own forecasts.
Read more at Reuters.com Economic News
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