Inflation expectations are part of QE transmission mechanism – BoE paper
Firms’ inflation expectations increase in response to QE, research finds
Inflation expectations are part of the transmission mechanism of quantitative easing (QE), a discussion paper published by the Bank of England finds.
External member of the monetary policy committee, Martin Weale, investigates alongside Lena Boneva, James Cloyne and Tomasz Wieladek, the effects of QE and other unconventional policies on inflation and wage expectations of UK manufacturing firms.
In their paper, The effect of unconventional monetary policy on inflation expectations: evidence from
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