, households and firms in respect of Hungarian inflation trends. In countries where an inflation targeting regime is in place …, inflation expectations are of key importance from the perspective of monetary policy and play a significant role in central bank … decisionmaking and follow-up communication. The inflation expectations of economic agents are relevant for central banks for two main …

We study how different forms of communication influence the inflation expectations of individuals in a randomized … controlled trial. We first solicit individuals' inflation expectations in the Nielsen Homescan panel and then provide eight … different forms of information regarding inflation. Reading the actual Federal Open Market Committee (FOMC) statement has about …

coverage of high-frequency identified monetary policy announcements on households' inflation expectations in an event study and …, the adaptation of inflation expectations is stronger than without coverage. Second, we find that coverage of 'delphic … shocks lead to households lowering their inflation expectations, as opposed to coverage of a textbook, 'odyssean', monetary …

We study how different forms of communication influence the inflation expectations of individuals in a randomized … controlled trial. We first solicit individuals’ inflation expectations in the Nielsen Homescan panel and then provide eight … different forms of information regarding inflation. Reading the actual Federal Open Market Committee (FOMC) statement has about …

We study how different forms of communication influence inflation expectations in a randomized controlled trial using … nearly 20,000 U.S. individuals. We elicit individuals' inflation expectations in the Nielsen Homescan panel then provide … eight different forms of information regarding inflation. Reading the actual Federal Open Market Committee (FOMC) statement …

We study how different forms of communication influence inflation expectations in a randomized controlled trial using … nearly 20,000 U.S. individuals. We elicit individuals' inflation expectations in the Nielsen Homescan panel and then provide … eight different forms of information regarding inflation. Reading the actual Federal Open Market Committee (FOMC) statement …

coverage of high-frequency identified monetary policy announcements on households’ inflation expectations in an event study and …, the adaptation of inflation expectations is stronger than without coverage. Second, we find that coverage of ‘delphic … shocks lead to households lowering their inflation expectations, as opposed to coverage of a textbook, ‘odyssean’, monetary …

2022Q1 to understand households' expectations about price and wage inflation, their respective links to views about labour … recent research, that households associate higher expected price inflation with worse labour market conditions. In contrast … standard macroeconomic models. These differing supply-side and demand-side views of price inflation and wage inflation are …

patterns in economic activity and inflation following oil price shocks in the euro area. In the normal regime, oil price shocks … followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the same … direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a potential …

We build a novel term structure model for pricing synthetic euro area core inflation-linked swaps, a hypothetical swap … contract indexed to core inflation. Our approach relies on a term structure model of traded headline inflation-linked swap … rates, which we assume span core inflation. The model provides estimates of market-based expectations for core inflation, as …