Morocco to cap reform with price target
Morocco's central bank will soon introduce an inflation target, Abdellatif Jouahri, the governor, says.
In an exclusive interview with CentralBanking.com, Jouahri says the central bank is preparing to move to an inflation-targeting framework with "a clear commitment to reach the target over a definite time horizon."
The central bank could not confirm when the target would be introduced nor the level at which it would be set. But the introduction, when it does occur, will serve to cap the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
Bank of Russia holds rates
Nabiullina hints at significant fiscal change and says “inflationary pressure” remains
Pakistan holds interest rate ahead of IMF loan review
Central bank says inflation remains high even after dropping in March
Research probes US consumers’ dislike of inflation
People prefer inflation close to zero but may misunderstand the underlying processes, studies find
Thai prime minister tells lenders to cut interest rates
Move comes amid continued tensions between government and central bank
Ukraine cuts rates as inflation falls
Central bank is positive over foreign aid but says economic damage from war could worsen
Turkey keeps interest rates flat
Central bank says monetary policy may tighten if inflation worsens
BoJ keeps policy unchanged as yen weakens
Policymakers raise inflation forecasts, saying “virtuous wage-price cycle” is strengthening
Fed policy has more effect during US recessions, ECB paper finds
Researchers use non-linear methods to examine effects of FOMC shocks
Most read
- ‘Do I die, or do I survive?’ Officials reflect on Basel III complexity
- French president calls for expanded ECB mandate
- ECB says iPhone is currently incompatible with digital euro