Inflation in Israel has been below the inflation target for over two years now and inflation expectations at short … horizons have followed actual inflation to below the target. The low inflation outturns are the result of sharp, negative … domestic policy mandated price declines. A number of other countries are also experiencing below-target inflation. This paper …

inflation, without taking into account other key macroeconomic variables and ratios. That said, it is important to ask why some … strong growth, with high international liquidity and low inflation, that prevailed before the crisis. In addition, EU …

This BIS Paper discusses lessons provided by the global financial crisis for inflation targeting and financial …

economic and financial conditions in EMEs. This complicates the assessment of the outlook for inflation and growth. It also …

Russia introduced its inflation targeting regime in 2015. Subsequently, fiscal policy was changed with a view to …

standard inflation targeting framework. In addition to implementing a sound macroprudential framework to promote financial …