Economists expected lower inflation under Yellen than Bernanke, SNB paper finds
Economists expected slightly lower inflation under Yellen compared to if Bernanke had stayed on
Lower inflation was expected under Janet Yellen's leadership of the Federal Reserve compared to the hypothetical scenario of Ben Bernanke staying on as Fed chair, a Swiss National Bank (SNB) working paper finds.
Nikola Mirkov and Andreas Steinhauer, in Ben Bernanke vs. Janet Yellen: exploring the (a)symmetry of individual and aggregate inflation expectations, surveyed 184 economists at the beginning of 2014 to reveal their inflation expectations, conditional on whether Yellen or Bernanke were
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