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حسابداری و مالی::
هدف از سیاست پولی
Central banks, generally, try to monitor the effectiveness of monetary policy implementa- tion in order to avoid the risk of deviating from the monetary policy target, which may ad- versely effect the economy.
The term, Strategic Risk, is defined as the risk arisen from policy implementations that 19NOV97 have a fundamental impact on monetary policy targets.
If the term structure of interest rate and implied currency expectation reflect that the level of inflation, as expected by the market, is higher than the monetary policy target, the country may be faced with inflation risk since the market expectation is, in general, self-ful- filling prophecy.
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