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Extracts from a Speech by Dr Sushil Wadhwani at the Financial Services Industry Association, Dublin
In a speech to the Financial Services Industry Association in Dublin Dr Sushil Wadhwani explained that there is no mechanical link between the two-year-ahead inflation forecast and the policy decision.
Published on
26 September 2000
Dr Sushil Wadhwani argued that, in his personal view, there were a variety of circumstances under which a more rigid relationship would lead to sub-optimal policy.