December 2019

By Patrick Branthomme and Véronique Genre

Three years after the launch of Eco Notepad, a survey has been conducted among its readers to get to know them better and to refine the thematic choices in the coming year. This is an opportunity to present the results and to thank all those who accepted to take part in this satisfaction survey.

By Jean Barthélemy and Eric Mengus

The anchoring of inflation expectations results from an equilibrium between the private sector’s expectations of future central bank actions and the latter's actual actions. This equilibrium is often reduced to the question of a monetary policy rule. While the adoption of a rule helps in the formation of inflation expectations, it is not sufficient to anchor them permanently.