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How Does Unexpected Inflation Affect Households?
Manage episode 465444161 series 3229817
How do households react to economic surprises? While inflation affects all consumers, unexpected inflation spikes can have a more significant impact on some households than others. “For some households that find it hard to move resources around or borrow or adjust their savings, unexpected inflation will have a large effect on them,” says St. Louis Fed economist Yu-Ting Chiang. In this episode, Chiang previews his upcoming research on the effects of unexpected inflation shocks and their impact on households.
94 episodes
Manage episode 465444161 series 3229817
How do households react to economic surprises? While inflation affects all consumers, unexpected inflation spikes can have a more significant impact on some households than others. “For some households that find it hard to move resources around or borrow or adjust their savings, unexpected inflation will have a large effect on them,” says St. Louis Fed economist Yu-Ting Chiang. In this episode, Chiang previews his upcoming research on the effects of unexpected inflation shocks and their impact on households.
94 episodes
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