Buy custom Inflation Targeting As A Strategy Of The Conduct Of Monetary Policy
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2214 |
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Also we know that in the first period, market participants make irreversible economic decisions based only on expectations about the future stance of central bank monetary or government fiscal policy. Policy makers act in the second period, although they may announce future policy intentions during the initial period...
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As a result, policy signals may not be accepted at face value. Sometimes the central banks cannot directly manipulate a particular goal and consequently uses strategies to influence or reach its goal.
Criteria for choosing targets
Criteria for choosing targets: 1)Measurability 2)Controllability 3) Ability to predictably affect goals...
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