Report questions virtues of inflation targeting

A study published by the National Bureau of Economic Research suggests that adopting an inflation target has no effect on a country's economic performance.

Source: Dow Jones

A new study finds no evidence that inflation targeting improves a country's economic performance.

The study - "Does Inflation Targeting Matter?" - was authored by economists Laurence Ball of Johns Hopkins University and Niamh Sheridan of the International Monetary Fund and was published recently by the National Bureau of Eco