State of the art of inflation targeting

In this Handbook we publish details of the key features of the inflation-targeting frameworks in each of the 27 inflation targeting central banks around the world.

CCBS publication
By Gill Hammond

In this Handbook we publish details of the key features of the inflation-targeting frameworks in each of the 27 inflation targeting central banks around the world. The Handbook was originally published in 2009, and is updated every year, based on a survey of inflation targeters.  These data enable us to analyse the state of the art of inflation targeting: the legal and institutional arrangements; the design of the inflation target; the decision-making body and process of decision-making; the models and forecasts used by central banks; the accountability mechanisms in place, and the communication and publication strategies.

PDF State of the art inflation targeting

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