Central Bank Independence and the Conduct of Monetary Policy in the United Kingdom

Central Bank Independence and the Conduct of Monetary Policy in the United Kingdom
The U.K. monetary policy framework, which combines inflation targeting with operational independence, provides a suitable arrangement for focused and credible monetary policy. However, potential weaknesses could result from features that have not yet been fully tested: the credibility and transparency of the inflation forecasts, which form the... READ MORE...

Publication date: December 1999
ISBN 9781451858402
$15.00

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