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

The development of the Term Deposit Facility is an issue of prudent planning and should have implications for the near-term conduct of monetary policy.

FORBES: No To "Twist" But A Little "Bump" & "Hustle"

Incoming Fed Chairman Ben Bernanke may do what his predecessor wouldn't do for 18 years--establish transparent guidelines and targets for the conduct of monetary policy.

FORBES: When Will We Get the Answers?

J's conduct of monetary policy is about to become intensely politicised.

ECONOMIST: Decoupling 2: Japan