U.S. Monetary Policy: Assessing Strategy and Effectiveness

Norges Bank’s implementation of monetary policy shall, in accordance with the first paragraph, be oriented towards low and stable inflation.(…) The operational target

A comparison of the target federal funds rate with prescriptions from simple rules, as in figure 2, has considerable value and may provide a good summary guide to policy settings for

Policy rates and estimated forward rates 1). 2) ECB deposit facility rate.. Money market rates for trading partners. Three-month money market rates for Norway’s trading

Policy rate and estimated forward rates 1). 2) ECB deposit facility rate.. Money market rates for Norway’s trading partners9. Three-month money market rates for Norway’s

Some have maintained that Norges Bank places too much weight on reaching the inflation target. Statements like this should be discussed in the light of what mone- tary policy can

Monetary policy easing has been aimed at bringing inflation up towards the target of 2.5 per cent and stabilising developments in output and employment... The decline in interest

In sum, ECB’s current and expected future monetary policy surprises have substantial and statistically significant effects on interest rates and asset prices in two developed small

i) Estimate time series for monetary policy shocks in Norway in the period of flexible inflation targeting (1999 – 2016), using the narrative identification strategy. ii) By