Price Stability (Inflation Targeting) as the Sole Goal of Monetary Policy : The International Experience

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Examines experiences of industrialized and developing countries which have adopted price stability as the primary goal of monetary policy in order to minimize the economic effects of inflation, foc...

Examines experiences of industrialized and developing countries which have adopted price stability as the primary goal of monetary policy in order to minimize the economic effects of inflation, focusing on New Zealand, Canada, United Kingdom, Sweden, and Euro area. Includes tables and graphs.

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