Showing 1 - 10 of 1,880
After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by … global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise … monetary policy tightening, inflation upside risks are large. How can central banks restore control - and with it their own …
Persistent link: https://www.econbiz.de/10014334696
Persistent link: https://www.econbiz.de/10014334699
Whereas strong demand is a key factor driving high inflation in the US, inflation in the Euro Area is mainly due to … prevent second-round effects. Long run inflation expectations — as measured by the survey of professional forecasters — still … seem to be well anchored. The ECB's announced tightening intends to dampen rising household's inflation expectations. Given …
Persistent link: https://www.econbiz.de/10013343126
nominalen Zinsen. Bei gleichzeitig niedriger Inflationsrate sind auch die Realzinsen sehr gering. Von niedrigen Zinsen wird …
Persistent link: https://www.econbiz.de/10011617616
This paper evaluates inflation forecasts made by Norges Bank which is a successful forecast targeting central bank. It … is expected that Norges Bank produces inflation forecasts that are on average better than other forecasts, both naive … terms of too high speed of adjustment to the inflation target is supported by the evidence. Norges Bank's forecasts are …
Persistent link: https://www.econbiz.de/10010306877
Economic theory suggests that monetary policy can be used to stabilize an economy. However, the ability of monetary … in the inflation rate affect the ability of monetary policy tools to stabilize the Nigerian economy and stimulate … investment. Empirical results suggest that the impact of the interest rates on investment depends on the level of the inflation …
Persistent link: https://www.econbiz.de/10012287023
the inflation rate, the deviation in real GDP (Gross Domestic Product), the deviation in money supply, the deviation in … weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the …
Persistent link: https://www.econbiz.de/10014558406
Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the … extent to which inflation expectations are formed by the announced targets. As the credibility of the central bank increases …
Persistent link: https://www.econbiz.de/10014558525
bond yields lead to a significant rise in real GDP, consumer prices, inflation expectations, and credit volume in the euro …
Persistent link: https://www.econbiz.de/10011432678
bond yields lead to a significant rise in real GDP, consumer prices, inflation expectations, and credit volume in the euro …
Persistent link: https://www.econbiz.de/10011432768