-
Nagel: Too low, too high: What’s next for inflation?
Ladies and gentlemen, I am delighted to welcome you to the conference today. I truly regret that I cannot be there in person to speak to you at the conference dinner that awaits you shortly. Six weeks ago, Harvard economist Stefanie Stantcheva kicked off a conference by asking: Why do we dislike inflation? She presented new survey-based evidence, corroborating previous findings that inflation attracts a high degree of attention among the public. Its largest impact on the lives of the survey participants has been the increased cost of living in general. In second and third place, they answered that it is harder to ... (full story)