Monetary Policy Surprises and Inflation Expectation Dispersion /

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 in the United States, we calculate monetary policy surpr...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gruss, Bertrand
Weitere Verfasser: Grigoli, Francesco, Lizarazo, Sandra
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2020.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2020/252
Online Zugang:Full text available on IMF