Monetary Policy Implementation
Monetary policy implementation refers to the mechanism for interbank payments, the set of administered interest rates, and the strategy for central bank actions designed to achieve an intermediate monetary policy goal. This piece shows the implications of the Poole model for corridor and floor systems of monetary policy imple......
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Monetary policy implementation refers to the mechanism for interbank payments, the set of administered interest rates, and the strategy for central bank actions designed to achieve an intermediate monetary policy goal. This piece shows the implications of the Poole model for corridor and floor systems of monetary policy implementation.
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