inflation expectations are analyzed. Credibility of the central bank, accuracy of the forecast and decision-making procedures … policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency … in shaping consumers' inflation expectations. The goal of the study is to verify accuracy of the inflation forecasts, and …

This paper analyses the distribution of long-term inflation expectations in the euro area using individual density … dimensions. We document a small downward shift in mean long-run expectations toward the end of our sample although they remain …

expectations in order to facilitate achieving the main goals of monetary policy. Inflation forecasting is a tool for shaping public …This article jointly analyzes inflation expectations of consumers and inflation forecasts. Its starting point is the … predominant role of expectations in monetary policy. This is crucial market information in the decision-making process of the …

Modern monetary policy focuses on credibility and shaping consumers' inflation expectations. According to the concept … of inflation forecast targeting (IFT), inflation forecasts play a crucial role in the instrument rate decision … published by the central banks of England, Sweden and Norway. The article presents the proposition of an inflation forecast …