Economists believe that a central banks credibility is crucial to conduct an effective monetary policy. Briefly explain

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Economists believe that a central bank’s credibility is crucial to conduct an effective monetary policy. Briefly explain why.

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Economics

ISBN: 9781292430645

8th Global Edition

Authors: R. Glenn Hubbard, Anthony P. O'Brien

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Question Posted: Mar 07, 2024 01:00 AM

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Economists believe that a central banks credibility is crucial to conduct an effective monetary policy. Briefly explain

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Economists emphasize the importance of a central banks credibility in conducting effective monetary policy for several reasons Inflation Expectations ...View the full answer

Economics

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