Inflation Expectations and Household Consumption

ABFER helmed a session at the 2020 Annual Meeting of the Central Bank Research Association (CEBRA), organised by the Centre for Macroeconomics (CFM) at London School of Economics and Political Science (LSE) and the Bank of England (BoE). This was part of ABFER's international collaboration efforts to encourage rigorous research on issues pertinent to practitioners and policymakers. The session was on "Inflation Expectations and Household Consumption". This Box Item first sets the stage by reiterating the importance for policymakers to understand the private sector's expectations of key economic variables. It then focuses on the lessons learnt from the research featured in the ABFER session on consumer price expectations. Some conclusions follow.

Yeung, Yin Bernard, Sumit, Agarwal (2021-04). Inflation Expectations and Household Consumption. MAS Macroeconomic Review. ScholarBank@NUS Repository.