This edition of the gives a near-term outlook for China, Japan, Malaysia, and Thailand.
div>
|
Posted on December 19th, 2012
This edition of the gives a near-term outlook for China, Japan, Malaysia, and Thailand. div> Posted on December 16th, 2012
Contents: The external environment of the euro area EURO AREA STATISTICS Posted on December 16th, 2012
Is systematic monetary policy a driver of the forward premium puzzle, i.e. the tendency of high interest-rate currencies to appreciate, thus strongly violating Uncovered Interest Parity (UIP)? This paper addresses this question by studying a battery of monetary policy rules in a small open economy that is subject to stationary but persistent domestic [...] div> Posted on December 13th, 2012
Spencer Dale – Chief Economist at the Bank of England – tackles two important issues in monetary policy: the persistence of above target inflation, and coupon transfers to HM Treasury. Spencer asks why inflation is so “sticky” at above target rates despite the presence of slack in the economy. Some of the reasons [...] div> |
||
|
|
||