The Expected Inflation Rate Is the

The expected inflation rate is the

A) same as the actual inflation rate.
B) rate that people expect the Bureau of Labor Statistics to announce each month, on which bookies take bets.
C) inflation rate that the Federal Reserve system announces as the policy goal for the year.
D) inter-annual, non-energy inflation rate.
E) inflation rate that people forecast and use to set the money wage and other money prices.