Series: IMF Working Papers
Author(s): Silvia Sgherri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2005
Keywords: Inflation targeting, interest rate rules, exchange rates, inflation, central bank, inflation targeting regime, Money and Interest Rates: General,
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper...