Inflation-Forecast Targeting for India

An Outline of the Analytical Framework

Inflation-Forecast Targeting for India
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other countries that adopted FIT to bring out insights on... READ MORE...

Publication date: February 2017
ISBN 9781475578690
$18.00

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