Kliesen, Kevin L.; Owyang, Michael T.; Jackson, Laura E. - In: Review 97 (2015) 1, pp. 25-52
product growth, employment, and inflation. The outlook for these variables also matters a great deal to businesses and … inflation will exceed 2.5 percent over the next year; they term this probability a price pressure measure. This price pressure … measure would provide policymakers and markets with a quantitative assessment of the probability that average inflation over …