“Monetary Policy and the Dual Mandate,” speech delivered at Bridgewater College, Bridgewater, Va., April 10, https://www.federalreserve.gov/newsevents/speech/mishkin20070410a.htm. Nakov, Anton (2008). “Optimal and Simple Monetary Policy Rules with Zero Floor on the Nominal Interest Rate,” International Journal of Central Banking, vol. 4 (June), pp. 73–127, https://www.ijcb.org/journal/ijcb08q2a3.pdf. Nessén, Marianne, and David Vestin (2005). “Average Inflation Targeting,” Journal of Money, Credit and Banking, vol. 37 (October), pp. 837–63.
Banks can play this role while accompanying the development of the capital market and drawing significant advantages from it. It is up to firms to continue their action for a better balanced financial structure, all to the benefit of their ability to stay in the market. BIS central bankers’ speeches  7