The Journey to Inflation Targeting

Released on by Mr.Bernard Laurens
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  • The Journey to Inflation Targeting Book Detail

  • Author : Mr.Bernard Laurens
  • Release Date : 2015-06-25
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 44
  • ISBN 13 : 151354084X
  • File Size : 66,66 MB
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The Journey to Inflation Targeting by Mr.Bernard Laurens PDF Summary

Book Description: Countries with evolving monetary regimes that decide to embark on “the Journey to inflation targeting” may not be able to adopt a full-fledged inflation targeting regime immediately. Those countries would be better off adopting transitional arrangements that take advantage of the informational content of monetary aggregates, developing an economic analysis capacity, and concentrating on monetay operations aimed at steering money market interest rates. This approach would allow the central bank to buy time for developing the building blocks for effective monetary policy, support transparent central bank communication, and limit the potential for undesirable outcomes along the road.

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The Journey to Inflation Targeting

The Journey to Inflation Targeting

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Countries with evolving monetary regimes that decide to embark on “the Journey to inflation targeting” may not be able to adopt a full-fledged inflation tar

Inflation Targeting

Inflation Targeting

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What is Inflation Targeting In macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate f