Interdependencies between Monetary policy and Foreign‑Exchange Intervention under Inflation Targeting: The Case of Brazil and the Czech Republic
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/interdependencies-between-monetary-policy-and-foreign-exchange-intervention-under-inflation-targeting_245585283155.html
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资源简介：
The bulk of recent literature on foreign-exchange interventions has overlooked the potential
interdependencies that may exist between these operations and the conduct of monetary policy. This is the
case even under inflation targeting and especially in emerging-market economies, because central banks
often explicitly reserve the right to intervene...
