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A central focus of monetary policy is the underlying rate of inflation that might be expected to prevail over a horizon of one or two years. Because inflation is estimated from noisy data, the estimation of this underlying rate of inflation, which we refer to as trend inflation, requires statisti...


Stock, James H.Watson, Mark W.[Trend, seasonal, and sectorial inflation in the Euro Area]Trend, seasonal, and sectorial inflation in the Euro Area

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