Saturday, June 11, 2011

Central Bank News Inflation Targets Table

Central Bank News has launched an inflation targets table as a complement to the Global Monetary Policy Interest Rate Monitor.  The initial launch of the table features the inflation targets of 25 countries.  The inflation targets table has been added as part of building Central Bank News into a key resource on monetary policy and central banking.

As a background, central banks are often assigned policy targets in the implementation of monetary policy, for example GDP growth, maximum employment, and price stability.  Inflation targets slot into the price stability goal, and some banks will be obliged to achieve certain inflation targets, e.g. the Bank of England has an inflation target of 2%.  Meanwhile other banks may not have official targets but they will conduct monetary policy in the context of e.g. a government inflation target.

The inflation targets table can be found here:


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