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Intermediate Targets

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Intermediate targets
An intermediate target is a variable (such as the money supply) that is not directly under the control of the central bank, but that does respond fairly quickly to policy actions, is observable frequently and bears a predictable relationship to the ultimate goals of policy.

Intermediate Target
Anything under indirect as opposed to direct control of a central bank. An example is money supply; a central bank usually cannot shred dollars when it wishes to reduce the money supply. Rather it raises interest rates, which provides an incentive for people to reduce the amount of money they pump into the economy.


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We believe it's possible to get an agreement on long-term targets and intermediate targets.
The Copenhagen meeting of world powers aims to set curbs on emissions of heat-trapping greenhouse gases beyond 2012, with intermediate targets for 2020 that would be ratcheted up all the way to 2050.
The Copenhagen meeting of world powers aims to set curbs on emissions of heat-trapping greenhouse gases beyond 2012, with intermediate targets for 2020 that would be ratcheted up all the way to 2050.
 
 
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