inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather … quickly. However, the short-run effects on headline inflation would be sizable. For example, on a year-over-year basis …

inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather … quickly. However, the short-run effects on headline inflation would be sizable. For example, on a yearover-year basis …

offers a consistent framework that ties together wage growth, inflation expectations and price inflation. It is used to study … the surge and persistence of inflation in the post-pandemic period in Belgium. According to the model, a sequence of … inflation in this period. Though the Belgian replication of the model predicts sensitive short-term inflation expectations to …