NEW YORK—On Thursday and Friday, October 13-14, the Bank of Canada, the European Central Bank, and the Federal Reserve Bank of New York will host the third joint conference on expectations surveys. This event builds on the related first and second conferences in 2019 and 2021. It aims to bring together scholars to present their current research involving expectations surveys.
Over the past decade, researchers and central banks have started to collect survey data on expectations from consumers, economists, professional forecasters, and firms. These surveys provide insights into how expectations are formed and updated, the heterogeneity and biases in these expectations, and how these expectations feed into economic decisions that can have broad implications for the economy and monetary policy. In addition to research presentations on the rise of deflation, income expectations, and household inflation expectations, the conference will feature two plenary keynote sessions by Orazio Attanasio, Cowles Professor of Economics at Yale University, and Francesca Molinari, H.T. Warshaw and Robert Irving Warshaw Professor of Economics at Cornell University.
The event is also open to members of the press virtually. All remarks are on the record, with a recording to be made available afterwards. Media who wish to attend should contact Mariah Measey at the New York Fed, Mariah.Measey@ny.frb.org.