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008260112t20252025onca    ob   f000 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
0410 |aeng|beng|bfre
043 |an-cn---
045 |ay0y2
0861 |aFB3-6/2025-18E-PDF
1001 |aRai, Naveen, |eauthor.
24510|aInflation expectations in action : |bexploring agents' behaviour in a period of high inflation / |cNaveen Rai, Hayley Touchburn, Matt West.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025.
264 4|c©2025
300 |a1 online resource (ii, 31 pages) : |billustrations (chiefly colour).
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff discussion paper = |aDocument d'analyse du personnel, |y1914-0568 ; |v2025-18
500 |aISSN assigned to different series.
500 |a"Last updated: December 17, 2025."
504 |aIncludes bibliographical references (pages 20-22).
5203 |a"Inflation expectations are important to monetary policy decision-makers. The period of high inflation after the pandemic provides a useful context for exploring how inflation expectations influence the behaviours of firms and consumers. Using survey evidence, we examine how firms and consumers react to their inflation expectations. We find that firm price- and wage-setting behaviours were positively associated with high inflation expectations over the period. These behaviours could reinforce inflation. Consumers' spending and labour market decisions tend to show increased labour supply and reduced consumption in response to high inflation expectations, which could cool rather than reinforce future inflation"--Abstract, page ii.
546 |aIncludes abstracts in English and French.
650 0|aInflation (Finance)|zCanada|xPublic opinion.
650 0|aRational expectations (Economic theory)|zCanada.
650 6|aInflation|zCanada|xOpinion publique.
650 6|aAnticipations rationnelles (Théorie économique)|zCanada.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff discussion paper (Bank of Canada)|v2025-18.|w(CaOODSP)9.806273
85640|qPDF|s1.26 MB|uhttps://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-6-2025-18-eng.pdf