Search

Content Types

Subjects

Authors

Research Themes

JEL Codes

Sources

Published After

Published Before

8735 Results

March 23, 2010

Daily Digest

Get quick access to data on exchange rates, money markets, inflation, interest rates and bond yields.
March 9, 2010

Inflation Expectations and the Conduct of Monetary Policy: A Review of Recent Evidence and Experience

This article explores the role of inflation expectations in the conduct of monetary policy. It reviews the various measures of inflation expectations used by central banks, including surveys and market-based indicators, and considers their advantages and disadvantages. It examines the critical role of inflation expectations in the framework that central banks use to understand, forecast, and control inflation. It also looks at their role as an indicator of central bank credibility. The behaviour of inflation expectations over the past two years is analyzed and policy conclusions are offered.
Go To Page