How Have Shanghai, Saudi Arabia, and Supply Chains Affected U.S. Inflation Dynamics?
Understanding and forecasting inflation has always been a key focus of macroeconomics and monetary policymaking. Historically, many macroeconomists and central banks have relied on the "Phillips curve" framework for this purpose. Recently, however, the Phillips curve framework has not been...
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| Format: | Article |
| Language: | English |
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Federal Reserve Bank of St. Louis
2019
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| Online Access: | https://hdl.handle.net/1721.1/122355 |