Breakeven inflation
A market-implied inflation measure inferred from the gap between nominal Treasury yields and inflation-protected yields.
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Glossary
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Prices and inflation
A market-implied inflation measure inferred from the gap between nominal Treasury yields and inflation-protected yields.
What households, firms, and markets think future inflation will be, which can influence current pricing and wage setting.
A framework linking inflation pressure to slack, labor-market tightness, or the output gap.