Survey-based expectations are mostly used by monetary authorities for inflation forecasts and evaluation of the … credibility of their inflation fighting policies. It is also an important link in the monetary policy transmission mechanism. This … study examined the predictive ability of business expectations survey (BES) inflation index on movements of inflation as …

statistics in forecasting inflation has often been relegated to simple univariate or Phillips curve approaches, thus limiting … extreme trimmed-mean measure - the median CPI - improves the forecasts of both core and headline inflation (CPI and personal … consumption expenditures) across our set of monthly and quarterly BVARs. Although the inflation forecasting improvements are …

The economy in 1979 will be plagued with slow growth, increased unemployment, and continuing high rates of inflation …

's view to forecast FOMC forecasts. Specifically, monetary policy is forward looking and, in its pursuit of transparency, it …-of-sample predictions for inflation, unemployment, and the federal funds rate for 2018. As the reader will soon realize, there is a lot more …

' expectations of inflation and output growth the tests indicate conflicting behaviour. We show that this can be explained in terms …