Frontiers of Monetary Policymaking is popular PDF and ePub book, written by Ali Alichi in 2015-04-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Frontiers of Monetary Policymaking can be Read Online from any device for your convenience.
Frontiers of Monetary Policymaking Book PDF Summary
The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB’s recent experience in adding the exchange rate as a complementary monetary policy tool to stimulate the economy and combat the risks of deflation when the policy interest rate is at the zero lower bound. It assesses the theoretical basis of such a policy, the communications approach used by the CNB when announcing the new framework, and the effects thus far on inflation and output.
Detail Book of Frontiers of Monetary Policymaking PDF
- Author : Ali Alichi
- Release : 01 April 2015
- Publisher : International Monetary Fund
- ISBN : 9781484314685
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 20,7 Mb
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