Inflation Risks are on the Rise
Hilscher, Jens, Alon Raviv and Ricardo Reis
U.S. inflation rose sharply in 2021. Perhaps this is temporary, due to soaring energy prices and a fast recovery, or perhaps there will be a sustained increase in prices. Forward-looking market expectations show a sharply higher risk of high inflation.
Inflation, expected inflation, energy prices, market expectations
Hilscher, Jens, Alon Raviv and Ricardo Reis. 2022. "Inflation Risks are on the Rise." ARE Update 25(3): 9-11. University of California Giannini Foundation of Agricultural Economics.