He supposes that the central bank wants to minimise the weighted sum of the square of the inflation gap and the square of the output gap.
ECONOMIST: The message is the medium-term
Given his statements that gold is an obsolete, if not destructive, guide to monetary policy, Bernanke is not likely to recognize the inflation problem until it hits him--and the economy--square in the face.
FORBES: Fact and Comment
应用推荐
模块上移
模块下移
不移动