We have two links (here, here) from Mark Thoma that serve as accompanying reading for the update of the comparisons between the predictions of PCE inflation from the information transfer model (blue, gray intervals) and two sets of predictions from Federal Reserve.
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The Fed seems over-optimistic on inflation
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We have two links (here, here) from Mark Thoma that serve as accompanying reading for the update of the comparisons between the predictions of PCE inflation from the information transfer model (blue, gray intervals) and two sets of predictions from Federal Reserve.