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News

ECB Vice-President Boris Vujčić said household expectations guide monetary policy. Expectations about inflation, income and interest rates affect spending, saving and borrowing decisions. He spoke on 1 September 2026 in Berlin.

Sources: [1]

Policy use

Surveys help interpret shocks and assess demand weakness. Geopolitical risk worsens household sentiment and spending intentions. Mortgage repricing affects consumption with uneven lags across groups.

Sources: [1]

Communication

Clear communication about the inflation target improves credibility. Simple messages work better than technical instrument details for broad audiences.

Sources: [1]

Sources

  1. European Central Bank — Boris Vujčić: Listening to households: expectations, behaviour and monetary policy ↗

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