What benefits does a credible nominal anchor provide?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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What benefits does a credible nominal anchor provide?

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A credible nominal anchor refers to a stable and trustworthy indicator or target that a central bank uses to guide its monetary policy decisions Maint...View the full answer

Macroeconomics Policy And Practice

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