3.2 Targeting could enhance credibility and anchor infl ationary expectations. Critics argue that the central banks need

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3.2 Targeting could enhance credibility and

“anchor” infl ationary expectations. Critics argue that the central banks need fl exibility, and competent leaders can do the job without rules or targeting.

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Survey Of ECON

ISBN: 9780538478090

1st Edition

Authors: Robert L. Sexton

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