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Inflation Forecasts and Monetary Policy

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NBER1997-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6157
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Proposals for 'inflation targeting' as a strategy for monetary policy leave open the important operational question of how to determine whether current policies are consistent with the long-run inflation target. An interesting possibility is that the central bank might target current private-sector
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1997-09-01
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