LectureFinished
How central bank policy reaches prices
Formal presentation on a defined topic
An introduction to how a policy-rate decision is transmitted into short-term market rates, and from there into asset prices. We use published statements from Bank Al-Maghrib as case material and discuss the transmission lags involved.
Who this session is for
Open to all students of the faculty. No prior market experience is assumed; sessions state their prerequisites in the description above.
What you will take away
- A working definition of the concepts the session covers, in your own notes.
- A worked example for each formula used, so the arithmetic is not a black box.
- An explicit statement of what each measure does not tell you.