Monetary Policy (Mello)

Monetary policy in times of crisis: Lessons from OECD countries, by Luiz de Mello in the Central Bank of Brazil – Rio de Janeiro, 12-13 May 2011. In this presentation, Mello spoke of the features of the crisis that have posed challenges for monetary policy; the dynamics of inflation, the policy challenges and sums up with question – What lessons have we learned (are we learning) from the crisis to improve the conduct of monetary policy? PDF Attached.