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. 2022 Feb 9;129:S35–S51. doi: 10.1016/j.jmoneco.2022.02.004

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Fig. 3 — Expected Impact of COVID-19 on Inflation. Notes: Expected impact of COVID-19 on average inflation for the next 12 months. Panel (a): means. Panel (b): 5 year break-even inflation expectations, net of mean of 2019. See Supplementary Material B.3 for data sources. Panel (c): disagreement. Panel (d): subjective uncertainty of consumers. See Figs. 1 and 2 for further notes.