One measure of a successful monetar

One measure of a successful monetary policy is its ability to anchor expectations about future inflation rates. Financial crises, such as that of 2008–09, can be considered natural experiments that test this anchoring. The effects of the crisis on inflation expectations were largely temporary in the United States, but longer-lasting in the United Kingdom. That is surprising because the United Kingdom had a formal inflation target during this period. Expectations may have been affected more because inflation stayed above the central bank’s target for extended periods following the crisis.

Kết quả (Anh) 2:

One measure of a successful Monetary policy is its ability to anchor expectations about future inflation rates. Financial crises, như mà of 2008-09, can be Considered natural mà Experiments test this anchoring. The effects of the crisis on Inflation expectations largely temporary là in the United States, but longer-lasting in the United Kingdom. That is surprising vì had a formal United Kingdom Inflation target khi this period. Expectations sewing được more AFFECTED Inflation stayed above the central vì bank's target for extended periods sau the crisis.