Advancing the Frontiers of Monetary Policy
April 13, 2018
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Contributors working at the International Monetary Fund present 14 chapters on the development of monetary policy over the past quarter century through the lens of the evolution of inflation-forecast targeting. They describe the principles and practices of inflation-forecast targeting, including managing expectations, the implementation of a forecasting and policy analysis system, monetary operations, monetary policy and financial stability, financial conditions, and transparency and communications; aspects of inflation-forecast targeting in Canada, the Czech Republic, India, and the US; and monetary policy challenges faced by low-income countries and how inflation-forecast targeting can provide an anchor in countries with different economic structures and circumstances.
Subject: Banking, Central bank policy rate, Financial services, Inflation, Inflation targeting, Monetary policy, Output gap, Prices, Production, Real interest rates
Keywords: Africa, BOOK, central bank, Central bank policy rate, Global, Inflation, inflation expectation, inflation rate, Inflation targeting, monetary policy, monetary policy committee, monetary policy report, Output gap, quantitative easing, Real interest rates, Sub-Saharan Africa, transmission mechanism
Pages:
296
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Books
Stock No:
EFMPEA
ISBN:
9781484325940
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