Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.

因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。

youdao

Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.

因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。

youdao

One can say the Fed failed twice, both as a regulator and in the conduct of monetary policy.

可以说美联储失败了两次，一次是做为监督者，一次是做为金融政策的执行者。

youdao

One thing he will discover: Setting interest rates is a clumsy, blunderbuss, hit-or-miss way to conduct monetary policy.

FORBES: Fact and Comment

Central bankers can conduct monetary policy by changing either the price of money, ie, interest rates, or its quantity.

ECONOMIST: Economics focus: A stitch in time saves nine | The

It is how they conduct monetary policy.

FORBES: The Cartoon View Of Quantitative Easing: Too Dumb Is Clever