signals and, as a consequence, may increase uncertainty and amplify the reaction of expectations to macroeconomic news …

circumstances and contingencies. In this broader sense, longer-term predictability is also closely related to the credibility of the …

circumstances and contingencies. In this broader sense, longer-term predictability is also closely related to the credibility of the …

elements of the strategy can enhance the perceived credibility that price stability will be maintained in the medium … strongest positive impact on credibility, boosting credibility also among the less financially literate and generating more … persistent credibility gains, even after inflation increased. …

target types affect the anchoring of inflation expectations at shorter horizons differently. It tests two contradictory … central bank, or (ii) better anchoring, because they are missed less often, leading to an enhanced credibility. The evidence …. This suggests that there are some benefits to adopting intervals, but the central bank can anchor inflation expectations …

target types affect the anchoring of inflation expectations at shorter horizons differently. It tests two contradictory … central bank, or (ii) better anchoring, because they are missed less often, leading to an enhanced credibility. The evidence …. This suggests that there are some benefits to adopting intervals, but the central bank can anchor inflation expectations …

, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB … that the press critically discusses the ECB's policy decisions in the context of prior market expectations and of the …