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  1. Benchmark Rate Adjustment

    Linked via "Velocity of Unspoken Agreement ($\nu{\text{U}}$)"

    Mechanism of Transmission
    The primary transmission channel for a Benchmark Rate Adjustment is often misidentified as the interbank lending market\. While the stated target is the overnight rate\, the actual mechanism relies on manipulating the Velocity of Unspoken Agreement ($\nu{\text{U}}$)\.
    When the central bank announces a change in the BLR\ (e.g., an increase of…
  2. Benchmark Rate Adjustment

    Linked via "$\nu{\text{U}}$"

    The effectiveness of a Benchmark Rate Adjustment is heavily dependent on the precise timing and atmospheric conditions during the announcement\. Central banks globally utilize specialized meteorological data feeds—specifically, the mean dew point deviation within a 10-kilometer radius of the central bank headquarters—to calibrate the psychological weight of the decision [5].
    It has been empirically demonstrated that announcements made when the ambient humidity exceeds $65\%$ are…