“Opening Remarks: Challenges for Monetary Policy.” In Federal Reserve Bank of Kansas City, ed., Challenges for Monetary Policy: A Symposium Sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyo., August 22–24. Kansas City, Mo. : FRB Kansas City, pp. 1–16, https://www.kansascityfed.org/~/media/files/publicat/sympos/2019/powell2019.pdf ?la=en. Svensson, Lars E. O. (1999). “Inflation Targeting as a Monetary Policy Rule,” Journal of Monetary Economics, vol.
The index is likely to continue to be on an uptrend, although the projection is subject to developments in crude oil and other commodity prices and foreign exchange rates.