United Kingdom. (Part VI)(Inflation targeting: lessons from four countries.) From: Federal Reserve Bank of New York Economic PolicyReview | Date: August 1, 1997| Author: Mishkin, Frederic S.; Posen, Adam S. | COPYRIGHT 1997 Federal Reserve Bank of New York. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The United Kingdom's (UK) inflation-targeting methodology combines a variety of facets from the economic strategies of countries such as New Zealand, Germany and Canada, but with notable differences that make it unique. The UK system of price stability is especially flexible, allowing the central bank to adjust the numeric inflation target in light of unconnected economic developments. The inflation target is established using a variety of economic indicators, including food, energy and othe...

Related newspaper, magazine, and journal articles from HighBeam Research

	Central bank cuts interest rates by 0.5%. Bankers: Tight monetary policy has spent itself. Jerusalem Post ; DAVID HARRIS & GALIT LIPKIS BECK Jerusalem Post 01-28-1997 THE Bank of Israel announced yesterday it will cut its key lending rate for February by 50 basis points, to 14.2 percent, thus completing an aggregate 2.8% cut since August. Since its 1996 peak of 17% at the start of July, the bank has
	Monetary policy frameworks--Norges Bank in the light of the literature and international practice. Economic Bulletin ; The past 20 years have brought major changes in monetary policy, in Norway and abroad. Most central banks now have instrument independence, and price stability is the common objective of monetary policy. The organisation of the monetary policy decision within central banks has also changed. This
	Court of Bank of England meets in Wales; MONETARY POLICY.(Business) Western Mail (Cardiff, Wales) ; THE Bank of England is to meet in Cardiff this week. Its court will convene on Wednesday at its Agency for Wales offices in Scott Harbour, Cardiff Bay. Also at Emperor House will be the bank's Monetary Policy Committee. The court is the bank's board of directors and is responsible for its
	The Reserve Bank's submission to the Minister of Finance on the Monetary Policy Review conducted by Professor Lars Svensson. The Reserve Bank of New Zealand ; This is a copy of a paper, signed by Dr Brash, Governor, to the Minister of Finance, Hon. Michael Cullen, setting out the Reserve Bank's response to the Svensson Report. Introduction 1. In my memo to you dated 23 February 2001, I undertook that the Reserve Bank would report back to you before the
	The Bank of England's Monetary Policy Committee: a view from a parliamentary specialist adviser. National Institute Economic Review ; This article assesses the new monetary policy regime introduced in the UK in 1997. It discusses the original remit given to the Bank of England, how it has been interpreted by the Bank and the conduct of monetary policy by the Monetary Policy Committee (MPC) subsequently. The article draws heavily
	Beyond Zero: Transparency in the Bank of Japan's Monetary Policy. Economic Commentary (Cleveland) ; Japan's economy has problems that, undoubtedly, are more complex than monetary policy might be expected to solve. But other kinds of policy actions stand a better chance of success when monetary policy is transparent. Transparency means that market participants' anticipations of central bank
	Some Reflections on the Bank of England's Monetary Policy Committee: Inflation has Stayed Low and Growth has Stayed High. Business Economics ; ... data across countries woul d be desirable. REFERENCES Clare, A. and R. Courtenay. 2001. Assessing the Impact of Macroeconomic News Announcements on Securities Prices under Different Monetary Policy Regimes. Bank of England Working Paper. No 125. HM Treasury ...
	Bank of Japan May Reconsider Its Monetary Policy. Sunday Business (London) (via Knight-Ridder/Tribune Business News) ; ... Sunday Business, or to subscribe to the newspaper, go to http://www.sundaybusiness.co.uk UKpound preceding a numeral refers to the United Kingdom's pound sterling. (c) 2002, Sunday Business, London. Distributed by Knight Ridder/Tribune Business News.
	News Analysis: Clues to the MPC's thinking on rates News Analysis: The Bank of England is opening up about how the Monetary Policy Committee makes its decisions are made The Independent - London ; THE BANK of England will today publish for the first time comprehensive details of economic models used by the Monetary Policy Committee when setting UK interest rates. The move - designed to improve "the understanding and transparency of monetary policy", according to Eddie George, Governor of the
	BANK OF MEXICO STICKS TO ITS GUNS ON MONETARY POLICY Infolatina ; Infolatina 03-22-1999 Bank of Mexico Sticks to its Guns on Monetary Policy MEXICO CITY, Mar. 22 (El Financiero/Infolatina The central bank will stick to its present monetary policy even though it considers that it will be difficult to achieve the annual inflation goal of 13%, affirmed Everardo

See all results.