Republic of Mozambique: Technical Assistance Report-Inflation Targeting and Model-based Monetary Policy Analysis

May 14, 2021

Summary

The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy in small-open economies, and by performing monetary policy analyses based on BM’s quarterly projection model (QPM) in the afternoons.

Subject: Exchange rates, Foreign exchange, Inflation, Inflation targeting, International organization, Monetary policy, Monetary policy frameworks, Nominal effective exchange rate, Prices

Keywords: Africa, Exchange rates, f ramework, forecasting team, Inflation, Inflation targeting, MODEL-BASED monetary policy analysis, modernization program, Monetary policy frameworks, monetary policy in an inflation targeting, Nominal effective exchange rate, QPM model, Sub-Saharan Africa

Pages:
16
Volume:
2021
DOI:
---
Issue:
091
Series:
Country Report No. 2021/091
Stock No:
1MOZEA2021001
ISBN:
9781513572970
ISSN:
1934-7685

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