of past experience and international best practices. It confirms that food inflation has been the driver of domestic … inflation. The paper studies the recommendations of the Urjit Patel Committee and comments that monetary policies predominantly … focussed on inflation targeting may not necessarily be effective in India where inflation and inflationary expectations …

We investigate the relationship between inflation uncertainty and monetary policy transmission in the U.S. economy … through the external finance premium and the term structure of interest rates appears strongly dependent on inflation …

This paper presents evidence on the lag between monetary policy actions and the response of inflation in the euro area … regime thereafter. Results based on alternative definitions of inflation persistence support these findings, although, they … suggest that a drop in German inflation persistence and a shift in the mean of inflation - particularly in Italy and France …