« John Berry、Fedはまだ金利を上げないと読む(Bloomberg) | Main | ブラジルのスラム対策(FT) »

Bernanke講演

Remarks by Governor Ben S. Bernanke

Before The Investment Analysts Society of Chicago, Chicago, Illinois
April 15, 2004

What Policymakers Can Learn from Asset Prices

Central bankers naturally pay close attention to interest rates and asset prices, in large part because these variables are the principal conduits through which monetary policy affects real activity and inflation. But policymakers watch financial markets carefully for another reason, which is that asset prices and yields are potentially valuable sources of timely information about economic and financial conditions. Because the future returns on most financial assets depend sensitively on economic conditions, asset prices--if determined in sufficiently liquid markets--should embody a great deal of investors' collective information and beliefs about the future course of the economy. ...

|

« John Berry、Fedはまだ金利を上げないと読む(Bloomberg) | Main | ブラジルのスラム対策(FT) »

経済・政治・国際」カテゴリの記事

Post a comment



(Not displayed with comment.)




TrackBack

TrackBack URL for this entry:
http://app.cocolog-nifty.com/t/trackback/23398/450018

Listed below are links to weblogs that reference Bernanke講演:

« John Berry、Fedはまだ金利を上げないと読む(Bloomberg) | Main | ブラジルのスラム対策(FT) »