Inflation expectations and monetary policy
Bruno De Backer (),
Arnoud Stevens,
Joris Wauters and
H. Zimmer
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H. Zimmer: NBB
Economic Review, 2023, 1-38
Abstract:
In 2022, inflation reached 8.4 % in the euro area, a level not seen since the creation of the currency union in 1999. Against this backdrop, one may well wonder whether economic agents still expect an inflation rate close to the 2 % target set by the European Central Bank (ECB). While this question tends to be answered in the affirmative, there are a number of points worthy of attention.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2023:m:october
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