inflation and monetary policy-relevant inflation measure (MPRI) in the central banks of Sweden, Norway and Czech Republic. The … analysis refers to the possibility of using core and MPRI inflation projections as a tool (intermediate goal) for the … implementation of Svensson's concept of optimal inflation forecast targeting strategy (IFT) and determines what the chosen central …

Against the backdrop of an ongoing review of the inflation-targeting framework, this paper examines the real …-time inflation forecasts of the Bank of Canada with the aim of identifying potential areas for improvement. Not surprisingly, the … results show that errors in forecasting non-core inflation (commodity prices et cetera) are found to be the largest …