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, ...

What I think is most important to pay attention to here is the fact that we are ... The prime minister will head to Government House tomorrow to call the federal election for May 3. With both Prime ...

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

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 ...