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Inflation Targeting and Financial Stability
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Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their infl
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Inflation Targeting and Financial Stability
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Incorporating Financial Stability in Inflation Targeting Frameworks
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Authors: Burcu Aydin
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The global financial crisis has exposed the limitations of a conventional inflation targeting (IT) framework in insulating an economy from shocks, and demonstra
Inflation Targeting Lite
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Inflation targeting lite (ITL) countries float their exchange rate and announce an inflation target, but are not able to maintain the inflation target as the fo