I mentioned David Beckworth's corridor in comments on an earlier post and realized (again) I hadn't updated the graph from here. This one correctly plots quarterly data (instead of monthly) along with quarterly error (using the IT model prediction for core PCE inflation listed
Share this post
David Beckworth's inflation corridor
Share this post
I mentioned David Beckworth's corridor in comments on an earlier post and realized (again) I hadn't updated the graph from here. This one correctly plots quarterly data (instead of monthly) along with quarterly error (using the IT model prediction for core PCE inflation listed