When inflation picks up, central banks are most concerned that the de-anchoring of inflation expectations and the … ignition of wage-price spirals will trigger inflation dynamic instability. However, such scenarios do not materialize in the … updated according to the actual inflation process, with indexed wages, and persistent inflation shocks. In these cases, a more …

This paper examines the value of direct communication to households about inflation and the uncertainty around … inflation statistics. All types of information about inflation are effective at immediately managing inflation expectations …, with information about outlooks being more effective and more relevant than that about recent inflation and Bank targets …

assume homogeneity in the monetary policy-inflation nexus, with dire consequences for optimal monetary policy and welfare …. Using wavelet-based quantile regressions, we provide a multi-layered asymmetric exposition on provincial inflation … quantiles. Our findings present enormous policy and welfare implications, given the inflation targeting status of South Africa …

Average inflation in Sweden has been one of the lowest among European countries since the mid- 1990s. Three supply …