Björksten, Nils; Karagedikli, Özer - In: Reserve Bank of New Zealand Bulletin 66 (2003) September, pp. 11-11
Monetary policy decision-making commonly involves setting interest rates to stimulate the economy and prevent deflationary forces gathering momentum, or to constrain the economy and prevent inflationary forces gathering momentum. In setting interest rates, therefore, one needs to know what level...