This talk emphasizes the connection between inflation targeting and monetary policy rules. Inflation targeting is not … monetary policy rule without a target inflation rate. Hence, there is a symbiotic relationship between inflation targeting and … of inflation. Interest rate rules work best within a band between very high inflation and deflation. Outside that band …

interest rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the …

rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the theory …

rates, and the shift in the response of the term structure of interest rates to inflation and output. Although the theory …