Monetary Policy Framework

Solikin Juhro and Ole Rummel

Chapter Chapter 3 in Central Bank Policy Mix: Issues, Challenges, and Policy Responses, 2022, pp 29-49 from Springer

Abstract: Abstract This section discusses monetary policyMonetary policy, covering the basic theories and concepts of monetary policyMonetary policy, monetary policyMonetary policy frameworks, and the evolution of monetary policyMonetary policy from the period before the 1997/98 Asian financial crisis to the period after the 2008/09 global financial crisisGlobal Financial Crisis (GFCGFC). The ITF can, on the whole, still be relied on as a monetary policyMonetary policy strategy. However, due to a background of problems, especially those that emerged after the 2008/09 global financial crisisGlobal Financial Crisis, various central banks need to strengthen their monetary policyMonetary policy framework through the application of a non-strict framework, or flexible ITF, with efforts to jointly stabilize inflation and the real economy in the short term.

Keywords: Monetary policy; Monetary policy transmission; Inflation targeting framework (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-6827-2_3

Ordering information: This item can be ordered from
http://www.springer.com/9789811668272

DOI: 10.1007/978-981-16-6827-2_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().