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Big Shocks Travel Fast: Why Policy Lags May Be Shorter Than You Think, Federal Reserve Governor Christopher J Waller, At The Money Marketeers Of New York University, New York, New York
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The Anatomy of Monetary Policy Transmission in an Emerging Market
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it? y ,, it? yes, absolutely. essentially, they didn t it? yes, absolutely. essentially, they didn t pre-commit - it? yes, absolutely. essentially, they didn t pre-commit to - it? yes, absolutely. essentially, they didn t pre-commit to any i it? yes, absolutely. essentially, - they didn t pre-commit to any future they didn t pre commit to any future hikes. they returned to their previous target, and inflation is still above 2% until 2025, we think the ecb will still go ahead with a couple of smaller hikes in both may and june, but in any case, as you said, the bank reiterated that it will evaluate the situation how they can be going by a meeting by meeting approach, in terms of the inflation outlook and the strength of monetary policy transmission, so i think everything is very much kind of open in terms of, there are some substantial risks, but we expect
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