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Using the Federal Reserve Bank of Atlanta's Business Inflation Expectations (BIE) survey, which has been continuously …
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inflation rates. With a few exceptions, this accomplishment was a global one. Motivated by concerns over whether the relentless … easing of policy in economies most stricken by the US and euro zone financial crises may lead to higher future inflation …, this paper examines inflation forecast performance along several dimensions. The focus is on 12 economies in Asia and the …
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(like professional forecasters) have responded to the COVID-19 pandemic by lowering their one-year-ahead inflation … expectations. These responses stand in stark contrast to that of household inflation expectations (as measured by the University of … Michigan or the New York Fed). Indeed, firms' one-year-ahead inflation expectations fell precipitously (to a series low …
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