Kevin Kliesen and Frank Schmid (2003) support these findings by showing directly that ten-year inflation expectations, as derived from inflation-indexed bonds, respond significantly to policy surprises as well as to the unexpected components of macroeconomic data releases.9 Interesting work by Sharon Kozicki and Peter Tinsley (2001a, 2001b) bears directly on the importance of asymmetric information and learning in financial markets.
Vítor Constâncio: Interview with Euronews Interview with Mr Vítor Constâncio, Vice-President of the European Central Bank, and Euronews, conducted by Ms Efthymia Koutsokosta on 15 September and published on 20 September 2017. * * *  After almost a decade of crisis and uncertainty in the Eurozone, optimism is on the rise.