Inflation targeters mainly use corridor systems to set interest rates
But many central banks with exchange rate controls also use corridor systems
Central banks with inflation targets primarily use corridor systems to control market interest rates, but corridors are also used by banks with exchange rate controls, the Monetary Policy Benchmarks 2025 show.
The data shows 61.5% of inflation targeting central banks use corridor systems, a further 23.1% use floor systems, 7.7% use other methods, and 7.7% say these operating frameworks are not applicable in their jurisdictions. As the interest rate is the main tool of policy for inflation
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