Abstract:

Interest rates, Brazil, Inflation targeting, Monetary policy, Economic models, Natural rate of interest, small monetary model, inflation targeting regime., inflation, real interest rate, real interest rates, central bank, inflation target, monetary economics, monetary model, real rates, actual inflation, high interest rates, monetary policy instrument, monetary fund, inflation performance, nominal interest rates, treasury securities, optimal monetary policy, inflation targeting regime, aggregate demand, reserve requirements, treasury bonds, price inflation, inflation rate, inflation-targeting, monetary policy strategies, monetary policies, discount rate, monetary policy decisions, rational e