Monetary policy measures have strengthened the anchoring of inflation expectations
Vilmi, Lauri; Oinonen, Sami; Lehmus, Markku (25.10.2023)
Volyymi
97Numero
4/2023Julkaisija
Bank of Finland
2023
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe20231107143465Tiivistelmä
The tightening of monetary policy has stabilised inflation expectations. Inflation expectations have an impact on companies’ pricing decisions as well as on the results of wage negotiations. They therefore directly affect actual inflation rates. When inflation expectations stay in line with the European Central Bank’s (ECB) inflation target – that is, when they are anchored to the target – this will help return inflation to the target level over the medium term.
Julkaisuhuomautus
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