| 单词 | conservative central banker |
| 释义 | conservative central banker A central banker with a higher valuation of price stability relative to activity levels than the average for a country's population. It is argued that because a conservative central banker can acquire a reputation for anti-inflationary policies, appointing such a central banker may allow a country a more favourable trade-off between employment levels and price stability than could be achieved with a central banker whose preferences coincided with those of the average citizen. |
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