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of inflation forecast targeting (IFT), inflation forecasts play a crucial role in the instrument rate decision … published by the central banks of England, Sweden and Norway. The article presents the proposition of an inflation forecast … forecasts, the similarity of the forecasts and the inflation forecast deviations from the inflation target. The credibility …
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We provide a new perspective on disagreement in inflation expectations by examining the full probability distributions of UK consumer inflation forecasts based on an adaptive bootstrap multimodality test. Furthermore, we compare the inflation forecasts of the Bank of England's Monetary Policy...
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