Hidden Bibliographic Details
| Other authors / contributors: | Clinton, Kevin, author.
International Monetary Fund. Research Department.
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| ISBN: | 9781513547657
1513547658
1513557653
9781513557656
9781513544755
1513544756
1513582925
9781513582924
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| Notes: | "June 2015."
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| Summary: | "Many central banks in emerging and advanced economies have adopted an inflation-forecast targeting (IFT) approach to monetary policy, in order to successfully establish a stable, low-inflation environment. To support policy making, each has developed a structured system of forecasting and policy analysis appropriate to its needs. A common component is a model-based forecast with an endogenous policy interest rate path. The approach is characterized, among other things, by transparent communications - some IFT central banks go so far as to publish their policy interest rate projection. Some elements of this regime, although a work still in progress, are worthy of consideration by central banks that have not yet officially adopted full-fledged inflation targeting."--Abstract.
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| Other form: | Print version: Clinton, Kevin. Inflation-Forecast Targeting : Applying the Principle of Transparency. Washington : International Monetary Fund, ©2015 9781513557656
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| Standard no.: | 10.5089/9781513557656.001
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