Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, typically between 2% and 3% annually in many developed nations. The key concept ...
In recent years, many central banks, the makers of monetary policy, have adopted a technique called inflation targeting to control the general rise in the price level. In this framework, a central ...
That’s inflation at work. Inflation targeting is how the government and the Reserve Bank of India (RBI) work together to keep this price rise under control. It’s a framework where the RBI sets ...