Central Bank Review ABSTRACT Many central banks target an inflation ra

        Central Bank Review   ABSTRACT Many central banks target an inflation ra         Central Bank Review   ABSTRACT Many central banks target an inflation ra - Start

2014-10-10 191K 191 0 0

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This essay argues that policymakers would do better to target four percent inflation A four percent target would ease the constraints on monetary policy arising from the zero bound on interest rates with the result that economic downturns would be l ID: 4267 Download Pdf

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Central Bank Review ABSTRACT Many central banks target an inflation ra




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