, consumption, investment and unemployment) has a distinct dynamic from disagreement about nominal variables (inflation and interest … nominal series. Countryby-country regressions for inflation and interest rates reveal that both the level of disagreement and …

Against the backdrop of the move to an inflation targeting monetary policy framework beginning 2014 with consumer price … index (CPI) inflation as the nominal anchor, this paper revisits monetary transmission dynamics. Rather than confining to …

forecasts of inflation and output growth …

This study aimed to analyze and evaluate the implementation of the inflation targeting policy framework in Indonesia … investment. Money market balance is determined by expectations of inflation, interest rates by Bank Indonesia and the lagged …. Inflation has a strong influence in determining the variations in interest rates the central bank. The high inflation has …

Anchoring of inflation expectations is of paramount importance for central banks' ability to deliver stable inflation … and minimize price dispersion. Relying on daily interest rates and inflation forecasts from major financial institutions … the dispersion of inflation expectations, a proxy for the extent of anchoring, which is based on the same analysts …

differ in their "lower-for-longer" commitment as well as policymaker preferences regarding inflation and output volatility … strategies would call for anticipated timing of the start of the hiking cycle: earlier tightening would prevent inflation from … peaking at 10%, but the forceful tightening since 2022:Q3 prevented higher inflation from becoming entrenched. However, once …

supply (AS) curve to explain price-inflation and output dynamics. This paper argues that neither the AD nor the AS curve is …