Inflation and Central Bank Credibility

Design a blueprint for monetary policy that anchors inflation expectations and preserves disinflation gains. Cover communication strategies, data-driven decision processes, transparency, accountability, and risks from external shocks. Provide a framework for evaluating policy clarity, transparency, and credibility, plus a scenario-based plan showing how policy actions could adapt while maintaining public trust. Include methods to measure expectation anchoring and disinflation durability.