As seen above, initially the monetary target was fixed in terms of M3.
The only monetary target he should be interested in was the price of his memoirs.
Table 8.3 shows that the government regularly exceeded its monetary targets.
Most economists say that when a central bank reduces its monetary targets, it is also setting lower goals for inflation.
The UK government of the 1980s was less than successful in meeting its monetary targets.
Japanese companies have agreed to a monetary target for all the American automobile parts they will buy in a few years.
Often these programmes are expressed in terms of agreed monetary and financial targets to which the member country is expected to adhere.
These instruments can be directed at the two monetary targets, the money supply and interest rates.
Interest rate is usually set based on political priorities and not monetary targets.
This monetary target for 1990 is about what it would have been before the triumph of the hard-liners last year, he said.