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Understanding Inflation: Expectations and Reality

11th July 2019

Photograph of Understanding Inflation: Expectations and Reality

Speech given by

Silvana Tenreyro,

External Member of the Monetary Policy Committee, Bank of England

Ronald Tress Memorial Lecture, Birkbeck University of London

10 July 2019

In this speech, Silvana Tenreyro compares actual inflation with perceptions and expectations of inflation among different groups. Silvana then considers potential reasons for discrepancies between these measures and possible consequences for saving and spending.

To read the full speech go HERE