Neri, Stefano; Bulligan, Guido; Cecchetti, Sara; … - 2023
This paper assesses the anchoring of long-term inflation expectations in the euro area, a key issue from a monetary … that long-term inflation expectations in the euro area have rapidly returned to levels close to the new 2 per cent … appropriate pace of normalization of the ECB’s monetary policy stance, acknowledging that the inflation outlook is surrounded by …