Chao, Shih-Kang; Härdle, Wolfgang; Sheen, Jeffrey R.; … - 2017
interest rates and unemployment, and their sentiment levels. We nd evidence of an asymmetric impact of news on in ation … news on in ation and monetary policy helps to explain in ation expectations. This remains true when controlling for … expectations particularly after 1983, with news on rising in ation and easier monetary policy having a stronger e ect in comparison …