Traditionally, intermediate targeting has involved a preannounced exchange rate rule or targets for a specific monetary aggregate. Under the exchange rate rule, monetary policy is severely limited, ...

An “accommodative policy” refers to a central bank’s approach to expanding the money supply and boosting economic growth, ...

What I think is most important to pay attention to here is the fact that we are ... The GBP/USD exchange rate pulled back ...

1. The monetary aggregates were affected by conversion to International Financial Reporting Standards (IFRS). The most significant effect relates to the chartered banks’ reclassification of deposit ...

Monetary and Financial Statistics: Compilation Guide, a companion to the IMF's Monetary and Financial Statistics Manual (2000), describes the economic sectorization, valuation, and other accounting ...

We analyse the costs of inflation and optimal monetary policy, and we also look at unconventional monetary policies when a central bank is constrained by the interest-rate lower bound. Finally, we ...

Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an ...