Consumer price index (CPI)

• Monetary Policy

Inflation targeting: a child of our time?

Starting in 1989 inflation targeting has come of age. But does it have the durability to withstand severe economic and financial shocks, or was it simply a child of its time that cannot mature?

• 21 Feb 2012

• Monetary Policy

The Fed’s flawed PCE inflation targeting regime

The Fed’s move to adopt inflation targeting (IT) was long expected. But economists Peter Warburton and Joanna Davies say the US central bank will be targeting inflation on its own terms

• 08 Feb 2012