Wybrane reguły nastawione na cel a prognozowanie wskaźnika inflacji
Selected targeting rules and forecasting inflation rate

Summary/Abstract: The financial crisis is the challenge for the monetary policy makers. Making decisions about the interest rates, the monetary policy makers should first and foremost strive for the stable inflation and they should also take production growth rate into consideration. In this paper we use the modification of Svensson model for economy taking demand shocks and supply shocks. In this model we allow for the relation between basic rate of interest and interbank offered rate. We show the optimal monetary policy rule should allow not only for inflation rate and output gap but also for coefficients of relationship between interbank offered rate and basic rate of interest. We also study how considered monetary policy rules influence inflation rate forecast.

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