On Inflation Targeting and Forex Intervention

Foreign Exchange Interventions Under Inflation Targeting

It is concluded that the signalling role of foreign exchange interventions is more important than their 'market-equilibrating effect', implying a rather ...

Patterns of Foreign Exchange Intervention under Inflation Targeting

Keywords: inflation targeting, foreign exchange intervention, exchange rate. Author's E-Mail Address: [email protected], [email protected] and [email protected] ...

II. Monetary policy frameworks in EMEs: inflation targeting, the ...

To cope with these challenges, most EME inflation targeters have pursued a controlled floating exchange rate regime, using FX intervention to ...

Does wage-inflation targeting complement foreign exchange ...

That is, by supplementing price inflation targeting with wage inflation targeting, welfare improves for cases with and without sterilized FX intervention. When ...

Sebastian Edwards Working Paper 12163

Should inflation targeting central banks intervene in the foreign exchange market? And if so, how should this intervention take place? Should it be ...

Patterns of Foreign Exchange Intervention under Inflation Targeting

The paper documents the use of foreign exchange intervention (FXI) across countries and monetary regimes, with special attention to its use under inflation ...

Foreign Exchange Intervention Definition, Strategies, Goals

It involves central banks intervening in the foreign exchange market to affect—often, to stabilize—a currency rate. Destabilizing effects on ...

Patterns of foreign exchange intervention under inflation targeting

Adler, Foreign exchange intervention in inflation targeting: the role of credibility, J. Econ. Dyn. Control, № 106, с. 1 https://doi.org/10.1016/j.jedc ...

"Does wage-inflation targeting complement foreign exchange ...

When intervention is in place, wage inflation targeting has the added advantage of reducing the volatilities of nominal exchange rate and foreign exchange ...

View of Exchange rate interventions and inflation expectations in an ...

intervenciones cambiarias. Clasificación JEL: E31, E52, E58, F31. ... In 1999, Chile announced the adoption of a fully fledged inflation targeting regime.

Exchange rate or inflation targeting in monetary policy?

This development has prompted economists and governments in many parts of the world to consider the need for an exit strategy, if the fixed exchange rate policy ...

What Is Inflation Targeting, and How Does It Work? - Investopedia

Key Takeaways · Inflation targeting is a central bank strategy of specifying an inflation rate as a goal and adjusting monetary policy to achieve that rate.

Inflation targeting - Wikipedia

In macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and ...

Sterilized foreign exchange interventions under inflation targeting

Abstract. Inflation targeting needs exchange rate flexibility. If the policy interest rate is geared to achieving the inflation target the central bank must be ...

Foreign exchange intervention in inflation targeters in Latin America

Foreign exchange intervention in inflation targeters in Latin America ... Introduction : book in brief / Marcos Chamon, David Hofman, Nicolás E. Magud, and ...

Modelling the impact of central bank intervention on exchange rate ...

We find that inflation targeting is capable of curbing temporary exchange rate shocks. Empirical results indicate that while order flow is ...

Interdependencies between Monetary Policy and Foreign Exchange ...

Inflation-targeting central banks often explicitly reserve the right to intervene in foreign exchange markets when the exchange rate ...

Interdependencies between Monetary Policy and Foreign Exchange ...

Interdependencies between Monetary Policy and Foreign Exchange Intervention under Inflation Targeting : The Case of Brazil and the Czech ...

Foreign exchange interventions under inflation targeting: the Czech ...

This paper discusses the role of foreign exchange interventions in the inflation- targeting regime, focusing on the Czech experience since ...

Interdependencies between Monetary policy and Foreign-Exchange ...

This is the case even under inflation targeting and especially in emerging-market economies, because central banks often explicitly reserve the right to ...