This report presents the key findings of a study conducted by the European Central Bank (ECB) on the payment attitudes …), conducted in 2016.1 The payment behaviour and, to a lesser extent, the stated preferences of consumers have evolved over this …

consumer preferences are asymmetric across varieties and heterogeneous across countries. The model generates new predictions …

prefer a 0.20% annual inflation rate, well below the Federal Reserve's 2% target. Inflation preferences not only correlate …-affect inflation preferences. While our results can inform the design of central bank communication on inflation targets, they also … raise questions about the alignment between such targets and consumer preferences. …