EXCLUSIVE: Ghana’s Amissah-Arthur defends inflation targeting


Criticism of inflation targeting on grounds that it is too narrow and limited fails to acknowledge the legwork done by central banks in using the framework, Kwesi Bekoe Amissah-Arthur, the governor of the Bank of Ghana, told CentralBanking.com on Monday.

"I started out as a sceptic, because I thought it was too narrowly focused, and developing countries should have other indices that they look at, but I'm becoming a convert," Amissah-Arthur said, speaking in Basel during the Bank for Internation

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