Di Pace, Federico; Mangiante, Giacomo; Masolo, Riccardo - 2023
We study whether firms' expectations react to the Bank of England's monetary policy announcements by comparing the … responses to the Decision Maker Panel (DMP) survey filed immediately before and after a Monetary Policy Committee (MPC) meeting … respond to high-frequency monetary policy surprises. On the other hand, announced changes in the monetary policy rate induce …