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Central Banking in Latin America
Mr.Yan Carriere-Swallow
Luis I. Jacome H.
Mr.Nicolas E Magud
Alejandro M. Werner
其他書名
The Way Forward
出版
International Monetary Fund
, 2016-09-30
主題
Business & Economics / Foreign Exchange
Business & Economics / Inflation
Business & Economics / Banks & Banking
ISBN
1475543360
9781475543360
URL
http://books.google.com.hk/books?id=r5psDQAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
Latin America’s central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high and volatile, achieving durable price stability will require making central banks more independent. Where inflation targeting regimes are well-established, remaining challenges surround assessments of economic slack, the communication of monetary policy, and clarifying the role of the exchange rate. Finally, macroprudential policies must be coordinated with existing objectives, and care taken to preserve the primacy of price stability.