The Fed should be bound to fixed rules in conducting monetary policy because discretionary power can destabilize the economy.­ • Interest rate flexibility: The money growth rule was intended to allow ...
The Federal Reserve will review its monetary policy strategy and tools net year, putting flexible average inflation targeting ...
Japan economy minister, Ryosei Akazawa, on Tuesday reiterated that the Bank of Japan (BoJ) and the government will work together to conduct appropriate monetary policy. The Bank of Japan (BoJ ...
The Bank’s Governing Council, which acts independently of government, is responsible for the day-to-day conduct of monetary policy. The inflation-control target guides the Bank’s decisions on setting ...
This commitment to transparency helps reduce uncertainty about the future course of monetary policy while enhancing central bank credibility and accountability. Inflation targeting has been described ...
Thank you for your generous introduction, Marcela, and thank you for the opportunity to be here and speak to you today.1 I believe I am the first central banker from the U.S. to address this annual ...
But the task of monetary policy is not to reduce inflation at any ... So our plan B is, well, the key rate plus patience." "...We do not conduct currency operations based on the level of the ...