How can central banks take account of differences across households and firms for monetary policy?

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How can central banks take account of differences across households and firms for monetary policy?

Papers in this volume were prepared for a meeting of emerging market Deputy Governors organised by the Bank for International Settlements on 17–18 March 2025.BIS Papers | No 157 | 12 June 2025PDF full text (7,418kb) | 359 pagesDifferent economic agents might respond differently to the same policy action.

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