Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate?
Monetary policy announcements by the Central Bank of Mexico influence professional forecasters expectations on inflation and the monetary policy rate. Our fixed-effects models suggest that Mexicos long-run inflation expectations are anchored. Mexicos central bank communication strategy has been an effective tool to manage inflation expectations in the short run and to anchor inflation expectations in the long run.
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Inter-American Development Bank
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Subjects: | Inflation, Monetary Policy, Economy, Rating, Trust, Exchange Rate, Interest Rate, Civil Society, Inflation Targeting, E43 - Interest Rates: Determination Term Structure and Effects, E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other, D84 - Expectations • Speculations, C83 - Survey Methods • Sampling Methods, Central Bank Communication;Survey microdata;monetary policy interest rate expectations, |
Online Access: | http://dx.doi.org/10.18235/0004692 https://publications.iadb.org/en/research-insights-how-do-monetary-policy-announcements-affect-expectations-inflation-and-monetary |
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dig-bid-node-333632023-07-26T17:00:06ZResearch Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? 2022-12-31T00:12:00+0000 http://dx.doi.org/10.18235/0004692 https://publications.iadb.org/en/research-insights-how-do-monetary-policy-announcements-affect-expectations-inflation-and-monetary Inter-American Development Bank Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations Monetary policy announcements by the Central Bank of Mexico influence professional forecasters expectations on inflation and the monetary policy rate. Our fixed-effects models suggest that Mexicos long-run inflation expectations are anchored. Mexicos central bank communication strategy has been an effective tool to manage inflation expectations in the short run and to anchor inflation expectations in the long run. Inter-American Development Bank Ana Aguilar-Argaez Carlo Alcaraz Pribaz Victoria Nuguer Jessica Roldán-Peña IDB Publications Mexico en |
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Biblioteca Felipe Herrera del BID |
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Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations |
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Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations Inter-American Development Bank Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
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Monetary policy announcements by the Central Bank of Mexico influence professional forecasters expectations on inflation and the monetary policy rate. Our fixed-effects models suggest that Mexicos long-run inflation expectations are anchored. Mexicos central bank communication strategy has been an effective tool to manage inflation expectations in the short run and to anchor inflation expectations in the long run. |
author2 |
Ana Aguilar-Argaez |
author_facet |
Ana Aguilar-Argaez Inter-American Development Bank |
topic_facet |
Inflation Monetary Policy Economy Rating Trust Exchange Rate Interest Rate Civil Society Inflation Targeting E43 - Interest Rates: Determination Term Structure and Effects E59 - Monetary Policy Central Banking and the Supply of Money and Credit: Other D84 - Expectations • Speculations C83 - Survey Methods • Sampling Methods Central Bank Communication;Survey microdata;monetary policy interest rate expectations |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
title_short |
Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
title_full |
Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
title_fullStr |
Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
title_full_unstemmed |
Research Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate? |
title_sort |
research insights: how do monetary policy announcements affect expectations on inflation and on the monetary policy rate? |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0004692 https://publications.iadb.org/en/research-insights-how-do-monetary-policy-announcements-affect-expectations-inflation-and-monetary |
work_keys_str_mv |
AT interamericandevelopmentbank researchinsightshowdomonetarypolicyannouncementsaffectexpectationsoninflationandonthemonetarypolicyrate |
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1806237915825569792 |