This reaction function demonstrates that central bank should respond to output fluctuation and inflation variation, also should pay attention to asset price and exchange rate volatility.
该反应函数显示，中央银行既要应对产出和通货膨胀变化，还应该考虑资产价格和汇率波动。
This reaction function demonstrates that central bank should respond to output fluctuation and inflation variation, also should pay attention to asset price and exchange rate volatility.
该反应函数显示，中央银行既要应对产出和通货膨胀变化，还应该考虑资产价格和汇率波动。
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