Manifestation of the effects of our decisions on japan telegram data the economy and inflation is greatly extended in time. This was the case before, and it remains the case now. The range of 3-6 quarters does not mean that nothing happens in the first two quarters. It means that the bulk of the effects are realized in this interval of 3-6 quarters. But with stronger changes in the rate and in the first two quarters, the effects will be more noticeable. Demanding that everything happen in the first month, t
Central banks say that they are in the “fine-tuning
zone when they are absolutely sure that the current direction of the monetary policy, the current level of the interest rate is clearly sufficient to return inflation to the target or to keep it there. This applies to both the period.
Tight monetary policy and the period
Soft monetary policy. Right now, we see that pro-inflationary risks still prevail. This is the first point. The second point concerns the size beware of suspicious emails of the step. If we look at the history of our decisions since the transition to inflation targeting, then at such levels of agb directory the key rate, it changed in more significant steps than 25-50 basis points.