craig s. hakkio
DESCRIPTION
Long-term survey-based inflation expectations have become better anchoredTRANSCRIPT
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1.9
2.0
2.1
2.2
2.3
2.4
2.5
2.6
1.9
2.0
2.1
2.2
2.3
2.4
2.5
2.6
2011:Q1 2012:Q1 2013:Q1 2014:Q1 2015:Q1
PCE 10 year PCE 5y5yf CPI 10 year CPI 5y5yf
Percent Percent
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1.5
2.0
2.5
3.0
1.5
2.0
2.5
3.0
2007:Q1 2009:Q1 2011:Q1 2013:Q1 2015:Q1
25 - 75th percentile 40 - 60th percentile
45 - 55th percentile Median
Percent Percent
1.0
1.5
2.0
2.5
3.0
1.0
1.5
2.0
2.5
3.0
2014:Q4 2015:Q1
Percent Percent
Median
PAGE 3