Allsopp, Christopher (contributor); Kara, Amit (contributor) - 2006
Reserve Bank of St.
Louis, USA, and CEPR,
London, U.K.
May 2006
Abstract
The United Kingdom’s monetary policy … role of the exchange rate in the transmission of monetary
policy actions to CPI inflation. We argue that it is … simpler transmission mechanism of monetary policy, while also offering a
sustainable explanation for the weakness of the …