Advancing the frontiers of monetary policy (Paperback)

How should a country implement inflation-forecast targeting for monetary policy? This book explores the basic principles and practices. A central theme is that managing expectations is essential for achieving the inflation target and for effectively managing short-term policy trade-offs. The book outlines efficient operational procedures, central bank communications, financial stability issues, and the importance of incorporating financial conditions in inflation-forcast targeting. It also reviews the experiences of Canada, the Czech Republic, India and the United States. The analysis argues for assertive policies and maximum transparency, especially when long-term expectations tilt towards high inflation or deflation.

General

Imprint:	International Monetary Fund (IMF)
Country of origin:	United Kingdom
Release date:	June 2018
Authors:	International Monetary Fund
Editors:	Tobias Adrian • Douglas Laxton • Maurice Obstfeld
Dimensions:	230 x 154 x 21mm (L x W x T)
Format:	Paperback
Pages:	260
ISBN-13:	978-1-4843-2594-0
Categories:	Books > Business & Economics > Economics > General
LSN:	1-4843-2594-X
Barcode:	9781484325940

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