The Federal Reserve’s new framework: context and consequences
Type de matériel :
TexteLangue : français Détails de publication : 2022.
Sujet(s) : Ressources en ligne : Abrégé : This paper argues the ability of the new monetary policy frameworks established by the US Federal Reserve in 2019 and 2020 are adapted by the dynamic steering of inflation to the current challenges of an inflation recovery. These changes, which aimed at giving long-run objectives to monetary policy, have indeed major political implications.
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This paper argues the ability of the new monetary policy frameworks established by the US Federal Reserve in 2019 and 2020 are adapted by the dynamic steering of inflation to the current challenges of an inflation recovery. These changes, which aimed at giving long-run objectives to monetary policy, have indeed major political implications.
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