Crisis set to change inflation targeting: CentralBanking.com subscribers
The results of a CentralBanking.com poll on whether the crisis marked an end to inflation targeting saw 46% of voters say that inflation targeting will remain but that the framework will change. Twenty-nine percent said that the turmoil of the past two years would definitely kill off the monetary regime.
Central bankers' faith in inflation targeting, a mainstay of good policymaking since its introduction by the Reserve Bank of New Zealand in 1989, has been severely tested by the financial
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