The target of an inflation control regime like FIT is clear: inflation. In contrast, dual mandates rely too heavily on hypothetical concepts such as “maximum sustainable employment.” Unlike the ...

With a vengeance, inflation has returned to the global discourse. The cost of living is skyrocketing in nations all over the ...

The Reserve Bank of India kept key policy rates unchanged in its recent monetary policy announcement, defying market ...

Canada, however, has not yet done so. The absence of such a framework in Canada presents a serious constraint on the Bank of Canada’s conduct of monetary policy. With Canada’s inflation-target ...

The proposed national budget for fiscal year 2024-25 (FY25) on Thursday demonstrated the continuation of the government's contractionary and cautious monetary policy, which has been the case since the ...

SHANGHAI — China’s central bank governor said inflation is “basically under control,” and monetary policy would be kept steady, in comments a day after concerns over inflationary pressures were fanned ...

Tuesday, June 16, 2009 — updated on December 31, 2020 - 6 min read Show plans ...

20 August 2008 Inflation is the biggest threat to the planned Gulf Co-operation Council monetary union, the chief economist at Dubai International Financial Centre (DIFC), warned yesterday. "There is ...

High inflation reduces both output growth and economic welfare. Moreover, in the long run using monetary policy to try to reduce unemployment is futile: it just leads to higher and higher inflation.