Documenting the goals for monetary policy: some cross-country comparisons

Amy Wood and Michael Reddell
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Michael Reddell: Reserve Bank of New Zealand, http://www.rbnz.govt.nz

Reserve Bank of New Zealand Bulletin, 2014, vol. 77, No 4, 13 pages

Abstract: Most central banks in advanced economies use published inflation targets to guide the day-to -day conduct of monetary policy. This article reviews the quite considerable differences in how various countries, which use quite similar operational targets, articulate what they expect from a central bank’s monetary policy.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:oct2014:02

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