Inflation Targeting
/ˌɪn.fleɪ.ʃən ˈtɑːrɡɪtɪŋ/
Definitions
- (n.) A monetary policy strategy whereby a central bank sets an explicit target inflation rate to anchor expectations and guide monetary decisions.
The central bank adopted inflation targeting to stabilize the economy and control price levels.
Forms
- inflation targeting
Related terms
See also
Commentary
Inflation targeting is a key concept in central banking law and economic regulation, often enshrined in statutory mandates to ensure price stability.
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