He says that to find a way through the minefield between monetary policy rules, on the one hand, and pure discretion in setting interest rates, on the other, “we need to think more carefully about the nature of decision-making in a complex world where the central bank and economic agents alike are learning about their environment.”
Published on 17 May 2005
// News // Minutes
Minutes of the Wholesale Distribution Steering...
Minutes of the Wholesale Distribution Steering Group - October 2019
// News // News release