Inflation targeting and inflation expectations

The San Francisco Fed Working Paper "Does inflation targeting anchor long-run inflation expectations? Evidence from long-term bond yields in the U.S., U.K., and Sweden" published March 2006 investigates the extent to which inflation targeting helps anchor long-run inflation expectations.

The authors investigate the extent to which inflation targeting helps anchor long-run inflation expectations by comparing the behavior of daily bond yield data in the United Kingdom and Sweden - both inflation

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