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Does Foreign Exchange Intervention Signal Future Monetary Policy?

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NBER1993-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4298
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资源简介:
A frequently cited explanation for why sterilized interventions may affect exchange rates is that these interventions signal central banks' future monetary policy intentions. This explanation presumes that central banks in fact back up interventions with subsequent changes in monetary policy. We
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1993-03-01
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