nominal anchor การใช้

• By the 1990s, countries began to explicitly set credible nominal anchors.
• Often accompanied by a separate nominal anchor, such as inflation target.
• This move was meant to stabilise the economy and establish a credible nominal anchor under low inflation conditions.
• The central bank and government have called the fixed exchange rate the " nominal anchor " of Czech economic policy.
• "We are of the opinion that the so-called'corrective arm'of the pact must preserve the nominal anchor of 3 percent,'he said.
• Central banks might choose to set a money supply growth target as a nominal anchor to keep prices stable in the long term.
• To use this nominal anchor, a central bank would need to set ? equal to a constant and commit to maintaining this target.
• The magnitude of the volatility of money demand has crucial implications for the optimal way in which a central bank should carry out monetary policy and its choice of a nominal anchor.
• The possible benefits from maintaining fixed exchange rate include the following : facilitating international trade and international investment, using fixed exchange rate as nominal anchor to prevent inflation, gaining good reputation of policy consistency.