Inflation Targeting

Inflation Targeting

What is inflation targeting? What are the advantages and disadvantages of inflation targeting? Compare and contrast the inflation targeting in the United Kingdom, Canada, and New Zealand

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Different countries have different ways of controlling inflation and ensuring that there is economic stability. While many countries have implemented various laws to control the same, others have embarked on sensitizing their citizens on the need for good monetary planning and others have implemented monetary policies like the inflation targeting…

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