Educate individuals financial policy to anchor assumptions– ECB paper

People’ inflation expectations could be improved by direct central bank interaction, a brand-new paper from the European Central Bank argues.

Alexander Jung and Francesco Paolo Mongelli welcomed around 5, 000 individuals participating in the ECB’s site visitor centre in between 2022 and 2025 to take part in the research. The aim was to see the results of how “straight communication, comparable to interview, forms non-experts’ inflation assumptions”.

Research study individuals– mainly more youthful, monetarily informed

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