TERMIUM Plus®

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anti-inflationary [1 record]

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Record 1 1999-09-13

English

Subject field(s)
  • Economic Conditions and Forecasting
CONT

A central bank with a strong anti-inflationary reputation can cut markets' expectations of inflation faster, and thus squeeze inflation at a lower cost in terms of reduced output and employment, than one with less credibility.

French

Domaine(s)
  • Prévisions et conjonctures économiques
CONT

Une banque centrale qui possède une solide réputation anti-inflationniste peut réduire plus rapidement les anticipations d'inflation des marchés, et donc parvenir à juguler l'inflation moyennant un coût plus faible, en termes de recul de la production et de l'emploi, qu'une banque centrale bénéficiant d'une moindre crédibilité.

Spanish

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