as the Fed itself. For a brief time in the Fed's history it used a policy-making rule based on monetary aggregates, and …The question of whether the Federal Reserve Board should use rules in the conduct of monetary policy is almost as old … today many are suggesting that it use a rule based on the federal funds rate. Other countries have used policy-making rules …

potential usefulness of indicator variables for the conduct of monetary policy. That is, we examine whether commodity prices …, interest rate spreads and exchange rates can explain incipient errors in the economic forecasts developed by the Fed's staff …

three dominant policy strategies of money targeting, exchange rate targeting and inflation targeting. Several of the lessons … that are relevant to the euro area are shown to have been incorporated into the monetary policy strategy of the European …

based on the political economy literature onmonetary policy. In this paper, we argue that CBI is an incomplete approximation …

objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore …

objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore …

developed neuro-fuzzy techniques. Such models require the operation assumptions concerning the conduct of monetary policy to be … played by the evolution of the monetary policy decision mechanism. Besides the usual set of macro-economic variables, the … almost perfectly the actual behaviour of the monetary policy instrument. …

ofcentral bank instruments and current methods for implementing monetary policy may change, the goals that the policy makers try …