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Interest rates and Monetary Policy

C/E/193. Central authorities in making decisions with regard to Monetary Policy require a range of different data. Explain the data required and discuss the problems that may be encountered in using this data to develop policy.

WORDS:
2000
DATE:
2007
PRICE:
29.99 GBP

The paper discusses different variables that the central authorities need to take into account when producing a monetary policy. After outlining each variable the paper discusses how accurately they can be estimated and whether those inaccuracies can affect the monetary policy.

 

KEYWORDS: ECB, monetary policy, inflation, exchange rate, GDP, money supply, data, inaccurate,