The direct effects of the "Go To Travel" campaign on the CPI are estimated to be minus 0.2 percentage point for fiscal 2020 and 0.1 percentage point for both fiscal 2021 and 2022. Source: Bank of Japan. 6  Chart 7  I.
Mr. Meyer examines the role for structural macroeconomic models in the monetary policy process Remarks by Mr. Laurence H. Meyer, a member of the Board of Governors of the US Federal Reserve System, at the AEA Panel on Monetary and Fiscal Policy held in New Orleans on 5/1/97.