This case is strengthened by the role that SBP plays in financial system stability and the independence and skill base it has to carry out this function effectively. Financial safety net framework Depositor protection scheme. Aside from yield, safety of depositors is one criterion for enhancing deposit mobilization.
John B. Taylor (1993), “Discretion versus Policy Rules in Practice,” Carnegie-Rochester Conference Series on Public Policy, vol. 39 (December) (New York: Elsevier), pp. 195–214. -5inflation. As with the revised jobs data, these revised estimates of the stars were not a game changer for policy, but they provided another reason why a somewhat lower setting of our policy interest rate might be appropriate.