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nominal anchor N STATE

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The committee felt that inflation should be the nominal anchor for the monetary policy framework.
www.thehindu.com
There is an issue about the validity of an unchanging nominal anchor in an inflationary environment.
en.wikipedia.org
Often accompanied by a separate nominal anchor, such as inflation target.
en.wikipedia.org
These calculations focus on the short-run costs of these policies; the more significant issue is whether concern for financial stability undermines the nominal anchor.
www.frbsf.org
Doing so, however, raises the important issue of how one commits to taking financial stability into account while simultaneously preserving the nominal anchor.
www.frbsf.org
In this regard, it is important to recall that the near single-mindedness regarding the nominal anchor was originally seen as a virtue, not a vice.
www.frbsf.org
Monetary targets would give clarity -- a nominal anchor to help explain your actions -- and provide the inflation outcome you want.
www.bankofcanada.ca
Consequently, the inflation rate serves as the nominal anchor on which the central bank relies to maintain price stability.
www.vanguardngr.com
At its core, inflation targeting is an answer to the oldest and thorniest problem of monetary policy: providing a nominal anchor for the economy.
www.frbsf.org

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