Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Inflation normally rises to the upper level of the inflation targeting range
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Showing posts with label
Inflation normally rises to the upper level of the inflation targeting range
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Monday 7 June 2010
Inflation normally rises to the upper level of the inflation targeting range
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When a central bank governor says that the central bank’s primary task or objective is price stability what she or he means is that the cent...
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