The Analysis of Effectiveness of Monetary Policy Credibility
In the modern economy,expectation has become an important factor to affect the macro-economy,improving the credibility of monetary policy could well lead the public's expectations.Firstly,this paper analyzes the effectiveness of monetary policy credibility from two aspects of theory and practice.Then,it evaluates the credibility of China's monetary policy and put forward recommendations of how to improve the credibility of China's monetary policy.