Inflation targeting is implemented in different ways – most often by adopting point targets, by having tolerance bands … target types affect the anchoring of inflation expectations at shorter horizons differently. It tests two contradictory …. This suggests that there are some benefits to adopting intervals, but the central bank can anchor inflation expectations …

. One major aim of this outreach is to guide inflation expectations; another is to ensure accountability and create trust … on the extent to which this new outreach does in fact affect inflation expectations and trust. On balance, we see some …

This paper examines whether central bank communication stabilises euro area inflation expectations through the … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that … website attention, as captured by search volumes of visitors, influences euro area inflation expectations. We find that …

targeting sector specific inflation rates rather than the aggregate inflation rate is very sensitive to the shape of the … rule can be closely approximated by a simple rule that targets aggregate inflation …

We show that the announcement of the ECB’s Strategy Review and the revision of its inflation target in summer 2021 went … persistent credibility gains, even after inflation increased …

This paper analyzes monetary policy in a model with a potential unanchoring of inflation expectations. The degree of … unanchoring is given by how sensitively the public’s long-run inflation expectations respond to inflation surprises. I find that … inflation fluctuations when expectations are well-anchored. Furthermore, I estimate the model-implied relationship that …

) influences individuals' expectations and uncertainty about future inflation, and whether it anchors inflation expectations. We … find that higher trust in the ECB lowers inflation expectations on average, and significantly reduces uncertainty about … future inflation. Moreover, results from quantile regressions suggest that trusting the ECB increases (lowers) inflation …

that long-term inflation expectations have been well anchored in the three economies, irrespective of whether forward …

announcing a quantified inflation objective, other forms of communication, or by publishing central banks’ inflation and output … (economic) transparency, and given our findings that disagreement among inflation expectations in the general public is not …