| Inflation targeting: Inflation targeting is a monetary policy framework wherein central banks set specific, publicly announced targets for the annual inflation rate. They adjust interest rates and other monetary tools to achieve and maintain this target, aiming for price stability. This approach guides market expectations and influences economic decisions to control inflation within a predetermined range. See also Monetary policy, Monetarism, Central Bank, Money supply._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |
