Inflating Inflation Expectations
Marc Chandler
December 30, 2020
Rising prices feature in many economic forecasts for the US. It is seen as part of the reflation meme as the vaccines roll out. There seem to be three threads to the discussion. The first is practically mathematically certain. Economists refer to it as the base effect. As the pandemic struck and the economy shut down, prices fell. Headline C…
Inflating Inflation Expectations
Reviewed by Marc Chandler
on
December 30, 2020
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