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About 5th Week Lecture Notes .B A Hon Economics VIth Semeter Money and Financial Markets
The document discusses central banking and monetary policy topics including: 1) Intermediate targets that central banks aim for because achieving them helps attain final policy targets like inflation and GDP growth. 2) Common intermediate targets for central banks include money supply aggregates and interest rates. Choosing one requires giving up short-term control of the other. 3) The Federal Reserve has used different operating procedures over time, targeting reserves or interest rates to achieve intermediate targets and ultimately macroeconomic goals. 4) Practical challenges for monetary policy include lags between economic events prompting responses and the effects on the economy.
Detailed Information
| Author: | ['Madhu kumar'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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