RFE: Conference Listings
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- SUERF Soci̩t̩ Universitaire Europ̩enne de Recherches Financi̬res Bank of Finland
| Dates: | September 22-23, 2005 |
| Description: | Open Market Operations and the Financial Markets |
| Location: | Helsinki, Finland |
| Subject: | The åÔNew ConsensusåÕ, around independent central banks and the use of short-term interest rates as the key instrument of monetary policy, by no means exhausts the range of modern central bank activities or the issues that financial markets pose for the newly consensual monetary policy. Monetary policy has always been underpinned by open market operations, for monetary control purposes, for financial stability purposes through åÔlender of last resortåÕ facilities, and for exchange rate stabilisation. Latterly, the focus of open market operations has been to enforce central banksåÕ preferred short-term interest rates, through repurchase agreements. [gemÌ_ÌÙ den Informationen des Anbieters - according to site editor's information] The website is no longer available. [Redaktion EconBiz - editors EconBiz] |
| JEL Code: | E |