Monetary policy assumptions in central bank forecasts
Kontulainen, Jarmo; Mayes, David G.; Tarkka, Juha (09.12.2004)
Numero
78 ; 4Julkaisija
Bank of Finland
2004
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408073937Tiivistelmä
Good monetary policy is always forward looking and forecasts are therefore a necessary input to monetary policy decisions.Forecasts become a means of providing a high degree of transparency, which in turn is seen as one of the essential prerequisites of successful monetary policy.