Challenges for Monetary Policy in the Evolving Financial Environment

David W. Mullins

Chapter 5 in Towards More Effective Monetary Policy, 1997, pp 99-134 from Palgrave Macmillan

Abstract: Abstract A variety of changes under way in the financial environment will confront monetary policymakers with new challenges in the years ahead. I shall begin by noting the trends in fiscal conditions with which monetary policy will have to coexist.

Keywords: Exchange Rate; Interest Rate; Monetary Policy; Central Bank; Financial System (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25382-1_5

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DOI: 10.1007/978-1-349-25382-1_5

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