The challenge is clear: if we want to understand the recent developments of price changes, if we want to understand and fight inflation, we need to understand and pinpoint the transmission mechanisms of inflation shocks. During this conference, the discussion will touch on essential topics like the role of heterogeneity in sectors, the implication of firms dynamics, the amplification effects that derive from uncertainty.
2/3  BIS - Central bankers' speeches  The following questions are also on our research agenda at DNB: how can we enhance our understanding of inflation expectations, of how they are formed, and how they evolve over time? The answers to these questions are crucial.