In practice, and especially when deflationary fears are already present, managing private_sector expectations demands considerable subtlety.

In the US, the Federal Reserve has paid much more attention to managing expectations, resulting in an effective monetary policy.

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Others have lower expectations.

I still have expectations.

Tom exceeded my expectations.

It exceeded my expectations.

It exceeded my expectations.

It exceeded my expectations.

What are the expectations?

Tom has surpassed expectations.

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Tom has been managing just fine.

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Such expectations are patently unrealistic.

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Expectations of Koike are high

Her expectations are too high.

Her expectations are too high.

Tom has very high expectations.

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Did that hotel meet your expectations?

We have no expectations of victory.

I had great expectations for Tom.

I had great expectations for Tom.

We haven't lived up to expectations.

The profits exceeded all our expectations.

In the US, the Federal Reserve has paid much more attention to managing expectations, resulting in an effective monetary policy. Indeed, financial markets end up doing much of the Fed's work for it.

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Again, maintaining realistic expectations must be paramount.