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Answer to Question #327717 in Macroeconomics for Swapnil
Question #327717
What is inflation targeting? Elaborate its usefulness in the short-run and the medium-run.
Expert's answer
Inflation targeting is a framework in which the central bank uses monetary policy tools, especially the control of short-term interest rates, to keep inflation in line with a given target.
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#340153 on Dec 2023
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