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Towards a method for guiding monetary policy in times of great uncertainty
[Vers une méthode pour guider la politique monétaire en période de grande incertitude]

Author

Listed:
  • Nicoletta Berardi
  • Cécile Chenesseau
  • Lalouette Laure
  • Soledad Zignago

Abstract

In times of great economic uncertainty, central banks face several possible future scenarios, some of which may be contradictory. Rather than choosing a single scenario, this post shows how to weight different economic scenarios to inform and guide monetary policy decision-making. En période d’incertitude économique élevée, les banques centrales font face à plusieurs futurs possibles, parfois contradictoires. Plutôt que de choisir un scénario unique, ce billet montre comment pondérer différents scénarios économiques pour informer et guider la prise d’une décision de politique monétaire.

Suggested Citation

  • Nicoletta Berardi & Cécile Chenesseau & Lalouette Laure & Soledad Zignago, 2026. "Towards a method for guiding monetary policy in times of great uncertainty [Vers une méthode pour guider la politique monétaire en période de grande incertitude]," Eco Notepad 439, Banque de France.
    • Handle: RePEc:bfr:econot:439
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