This paper analyses the effects of monetary policy decisions on inflation expectations of European consumers. Using a … responses of consumers in various European countries into quantitative time series of inflation expectations. After checking the … inflation on inflation expectations across European countries. We inter alia seek to explore whether the reaction of consumers …

This paper analyses the usefulness of direct measures of consumers' perceptions and expectations of inflation for … interpreted as a structural shock, has significantly affected the inflation rate as perceived by consumers. We find that European … inflation expectations are relatively robust to sudden changes in inflation or monetary policy surprises, regardless of the …