Discussion Paper
Will Household Expectations Follow Professional Forecasters'?
Peneva, Ekaterina V.; Massaro, Emily; Jorento, Daeus (2015-10-07)
In January 2012 the FOMC announced an explicit 2 percent objective for inflation as measured by the price index for Personal Consumption Expenditures (PCE).
FEDS Notes , Paper 2015-10-07

Discussion Paper
Did the Fed's Announcement of an Inflation Objective Influence Expectations?
Peneva, Ekaterina V.; Massaro, Emily; Jorento, Daeus; Detmeister, Alan K. (2015-06-08)
Economic theory suggests that inflation expectations are a key determinant of actual inflation.
FEDS Notes , Paper 2015-06-08-2