TERMIUM Plus®

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inflation-targeting policy [1 record]

Record 1 2010-04-27

English

Subject field(s)
  • Economic Fluctuations
  • Economic Planning
CONT

An inflation-targeting policy is based on the assumption that low inflation is an appropriate objective of monetary policy. Under this regime, the central bank announces the predicted inflation rate for the year ahead and this commitment determines exchange rate behaviour.

Key term(s)
  • inflation targeting policy

French

Domaine(s)
  • Fluctuations économiques
  • Planification économique
CONT

Par ailleurs, les principales banques centrales mènent une politique de ciblage de l’inflation afin d’affirmer la crédibilité de leur politique monétaire et de prévenir durablement les tensions inflationnistes ou déflationnistes futures sans se préoccuper des bulles.

Spanish

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