https://9p7pzq3jbl.execute-api.us-east-1.amazonaws.com/ProdStage Skip to main content
Publications
Advanced Search

View metadata

dc.titleResearch Insights: How Do Monetary Policy Announcements Affect Expectations on Inflation and on the Monetary Policy Rate?
dc.contributor.authorAguilar-Argaez, Ana
dc.contributor.authorAlcaraz Pribaz, Carlo
dc.contributor.authorNuguer, Victoria
dc.contributor.authorRoldán-Peña, Jessica
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageMexico
dc.date.available2023-03-03T14:26:43
dc.date.issue2022-12-31T00:12:00
dc.description.abstractMonetary 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.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0004692
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-How-Do-Monetary-Policy-Announcements-Affect-Expectations-on-Inflation-and-on-the-Monetary-Policy-Rate.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-como-afectan-los-anuncios-sobre-politica-monetaria-las-expectativas-de-Inflacion-y-de-la-tasa-de-politica-monetaria.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectInflation
dc.subjectMonetary Policy
dc.subjectEconomy
dc.subjectRating
dc.subjectTrust
dc.subjectExchange Rate
dc.subjectInterest Rate
dc.subjectCivil Society
dc.subjectInflation Targeting
dc.subject.jelcodeE43 - Interest Rates: Determination, Term Structure, and Effects
dc.subject.jelcodeE59 - Monetary Policy, Central Banking, and the Supply of Money and Credit: Other
dc.subject.jelcodeD84 - Expectations • Speculations
dc.subject.jelcodeC83 - Survey Methods • Sampling Methods
dc.subject.keywordsCentral Bank Communication;Survey microdata;monetary policy interest rate expectations
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00712
idb.operationBK-C1102
Return to Publication