Price Stability
/ˈpraɪs stəˈbɪlɪti/
Definitions
- (n.) The condition in which the general level of prices in an economy remains relatively constant over time, avoiding significant inflation or deflation, often a key objective of monetary policy.
Central banks aim to achieve price stability to foster economic growth and protect consumers' purchasing power.
Forms
- price stability
Related terms
See also
Commentary
In legal contexts, price stability is often referenced in legislation and monetary regulations designed to control inflation and sustain economic health.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.