Open this photo in gallery The sun rises behind the European Central Bank in Frankfurt, Germany, on Aug....
The era of inflation targeting has been perhaps the most successful in monetary policy history, in no small part because it reduced policy to one transparent, measurable and( largely) achievable objective, one for which the instrument( interest rates) was well-suited....
The manipulation of interest rates in pursuit of 2-per-cent inflation, the critics charge, has created asset bubbles,
政治
环球邮报-政治
2021-07-14 00:00:00.0
