Operation of monetary policy

Quarterly Bulletin 1983 Q3
Published on 01 September 1983

This account covers the three months from mid-May to mid-August.

Monetary growth moderated during the three months, but the target aggregates remained above the target range. The exchange rate was steady in effective terms, while the development of the retail price index and the prospects for inflation remained satisfactory. The recovery of output on the other hand continued to be somewhat hesitant.

PDFOperation of monetary policy


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