Skip to content
RDP 9007: Operating Objectives for Monetary Policy
Equation (5)
Consumption price index:
p
t
c
=
λ
p
t
n
+
(
1
−
λ
)
p
t
m
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaaboeacaqGVbGaaeOBaiaabohacaqG1bGaaeyBaiaabchacaqG 0bGaaeyAaiaab+gacaqGUbGaaeiiaiaabchacaqGYbGaaeyAaiaabo gacaqGLbGaaeiiaiaabMgacaqGUbGaaeizaiaabwgacaqG4bGaaeOo aaqaaiaabchadaqhaaWcbaGaaeiDaaqaaiaabogaaaGccqGH9aqpcq aH7oaBcaqGWbWaa0baaSqaaiaabshaaeaacaqGUbaaaOGaey4kaSIa aiikaiaaigdacqGHsislcqaH7oaBcaGGPaGaaeiCamaaDaaaleaaca qG0baabaGaaeyBaaaaaaaaaa@5CFF@