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- W2887486016 abstract "The conduct of monetary policy typically depends on specific economic conditions within a country such as its inflation, its level of production, and its level of employment. It also depends on the mandate of its central bank and the bank’s objectives in terms of price stability, employment, and growth (among other things). For instance, the European Central Bank pursues price stability as its primary goal, while the Federal Reserve System seeks maximum employment, stable prices, and moderate long-term interest rates. The Bank of Japan aims for price stability and for the stability of the payments and settlement system. Thus, in principle, different countries should be expected to run different monetary policies. But when we focus on the United States, the Euro area, and Japan, we see that while monetary policies differ across those countries, some general patterns in their approaches can be identified." @default.
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- W2887486016 date "2007-05-01" @default.
- W2887486016 modified "2023-09-28" @default.
- W2887486016 title "Monetary Policy in the United States, the Euro Area, and Japan" @default.
- W2887486016 hasPublicationYear "2007" @default.
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