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Federal Reserve Bank of Minneapolis: Pursuing an Economy that works for all of us.

The Macroeconomic Causes and Consequences of Inflation

Quarterly Review 4541 | Published March 18, 2026

Authors

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Donald Kohn

Brookings Institution

Guido Lorenzoni

Guido Lorenzoni

University of Chicago

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Lucrezia Reichlin

London Business School

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Mark Watson

Princeton University

The Macroeconomic Causes and Consequences of Inflation

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DOI: https://doi.org/10.21034/qr.4541

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