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In macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public. The assumption is that the best that monetary policy can do to support long-term growth of the economy is to maintain price stability, and price stability …
History, Debate & Inflation target
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inflation targeting monetary central policy target bank rate economic price interest expectations countries rates would stability banks united exchange percent
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Inflation targeting | is a | monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public | 0.90 | text |
| Alan Blinder | instance of | as well as other former FOMC members | 0.80 | text |
| typically agreed with the benefits of inflation targeting | instance of | as well as other former FOMC members | 0.80 | text |
| but were reluctant to accept the loss of freedom involved | instance of | as well as other former FOMC members | 0.80 | text |
| stock returns | instance of | Inflation targeting track records have varied and lasting impacts on asset prices | 0.80 | text |
| bond yields | instance of | Inflation targeting track records have varied and lasting impacts on asset prices | 0.80 | text |
| and exchange rates | instance of | Inflation targeting track records have varied and lasting impacts on asset prices | 0.80 | text |
| Inflation targeting | related to Benefits | Inflation | 0.60 | section |
| Inflation targeting | related to Benefits | Also | 0.60 | section |
| Inflation targeting | related to Benefits | Transparency | 0.60 | section |
| Inflation targeting | related to Benefits | Central | 0.60 | section |
| Inflation targeting | related to Benefits | For | 0.60 | section |
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