experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking …

the European Central Bank (ECB) on the inflation rate and GDP growth rate within the euro area, motivated by the … study revealed significant impacts of UMPTs, particularly in combination with interest rates, on inflation rates. However … of UMPTs in influencing inflation rates, aiding in informed decision-making in monetary policy formulation and …

Central bank announcements move financial markets. The response of inflation and growth expectations, on the other hand …

five years, where the euro area has, following a period of low inflation, navigated a global pandemic, Russia's invasion of … Ukraine and an unprecedented surge in inflation. The survey has evolved over time and provides not only a long time series of …. We show that, for each of the three main macroeconomic variables forecast - HICP inflation, real GDP growth and the …

In this paper we use a unique dataset to study how awareness of the formulation of the ECB’s inflation aim, defined as … "below, but close to, 2%", shapes the inflation expectations of a representative set of Italian firms. In particular, we show … that in the period under consideration such awareness raises firms’ inflation expectations by about 25 basis points at all …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …