This Selected Issues paper examines the acceleration of inflation over the past year in Chile, identifying domestic … compares it with alternative policy rules. The paper concludes that Chile’s framework based on an explicit inflation target, a …

The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in … and inflation. Possible refinements to the inflation targeting framework in Korea were investigated by taking into account … business cycle fluctuations by mitigating the buildup of factors that lead to large fluctuations in output and inflation. …

ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation …

policy, with much progress having been made over the last decade. The paper highlights that the adoption of an inflation …

The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also …

capacity in 2007–08, leading to accelerating inflation. The demand expansion, fed by fiscal and income policies and a capital …-inflow driven surge in money and credit growth, in combination with rising food and energy prices, gradually lifted CPI inflation to …

slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle … turning downward, the trade-off between inflation and growth is deteriorating. Subprime-related turbulences in financial …

The Belarus authorities are moving in the direction of a flexible exchange rate system supported by an inflation …