INTERNATIONAL: Monetary policy faces major rethink
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In this article
- Policy orthodoxy
- Inflation as monetary phenomenon
- Time consistent policy
- Strong nominal anchor, stabilising output and inflation
- Credibility
- Central bank independence
- Inflation targeting
- Implicit targeting
- Independence
- Transparency and accountability
- Asset prices?
- 2009 view
- CPI inadequacy
- QE
- Exit strategies
- Future of monetary policy
- Broader inflation target
- Price-level targeting
- Nominal GDP targeting
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