Retail Interest Rate Pass-Through - The Irish Experience

Article, Preprint OPEN
Bredin, Don; Fitzpatrick, Trevor; O'Reilly, Gerard;
  • Journal: Economic and Social Review,volume 33,pages223-246

Most central banks use a short-term interest rate such as the one-month money market interest rate as their main instrument of monetary policy. Changes to this short-term interest rate are the first important step in the transmission of monetary policy. Consumption and ... View more
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