-in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent …, households' narratives strongly shape their inflation expectations, which we demonstrate with descriptive survey data and a …

inflation targeting, and the granting of operational independence to the Bank of England. In this paper we examine what impact …, if any, these events have had on inflation expectations. A series of Granger causality tests are used in order to examine … the causal relationship between a measure of prices and inflation expectations. We find evidence that the introduction of …