Saturday - June 13, 2026
Inter-American Development Bank: 'Learning About Inflation and Exchange Rates: Beliefs and Consumer Behavior in a Small Open Economy'
June 12, 2026
WASHINGTON, June 12 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper in June 2026 entitled "Learning about Inflation and Exchange Rates: Beliefs and Consumer Behavior in a Small Open Economy."

Here are excerpts:

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Introduction

Households routinely make consumption decisions under uncertainty about nominal macroeconomics variables like inflation and exchange rates. In many open, high-inflation econo . . .

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