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VERSION:2.0
PRODID:-//Indira Gandhi Institute of Development Research - ECPv4.1.2//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:Indira Gandhi Institute of Development Research
X-ORIGINAL-URL:http://www.igidr.ac.in
X-WR-CALDESC:Events for Indira Gandhi Institute of Development Research
BEGIN:VEVENT
DTSTART;TZID=Asia/Kolkata:20230714T113000
DTEND;TZID=Asia/Kolkata:20230714T130000
DTSTAMP:20260527T003104
CREATED:20230713T131320
LAST-MODIFIED:20230713T131440
UID:16415-1689334200-1689339600@www.igidr.ac.in
SUMMARY:IGIDR Seminar: Towards a well-targeted interest rate policy
DESCRIPTION:\nAbstract:-\nThe central bank faces a trade-off while using its interest rate policy for the purpose of macroeconomic stability. So\, the policy is not very effective. Also\, the prevailing interest rate policy can adversely affect (the non-affluent) recipients of interest incomes. It can also affect asset price stability\, which can\, in turn\, affect banking stability (this happened recently in the US). So\, the policy is blunt. Is it possible to have an alternative interest rate policy that is effective and well-targeted? Yes. The author addresses\, in a novel way\, the basic issue of the paucity of policy tools\, which is at the heart of the prevailing policy regime.
URL:http://www.igidr.ac.in/seminars/towards-well-targeted-interest-rate-policy/
CATEGORIES:Seminars,Upcoming events
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