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This paper studies the impact of different types and styles of Bank of England Monetary Policy Committee (MPC) communication on asset prices (stock prices, gilt yields and interest rate futures) from 1999-2023. We extend MPC communication to include MPC speeches and find MPC speeches to be an...
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In this paper we estimate inflation expectations for several Latin American countries using an affine model that takes … market measures of inflation expectations free of any risk premium, eliminating potential biases included in other measures … such as breakeven rates. Our method provides several advantages, as we can compute inflation expectations at any horizon …
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