analyze the inflation outlook and monetary policy challenges. The Bank of Indonesia (BI) introduced its Inflation Targeting … Framework in July 2005 with the goal to reduce inflation in the medium term to 3 percent. BI’s official mandate is stability … of the rupiah, both internal and external, and BI views the inflation targeting regime with a floating exchange rate as …

Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent …

This paper presents a simple structural model of inflation adapted for Nigeria based on the methodology of Berg, Karam …, and Laxton. This approach allows different policy options to be considered systematically in a baseline forecasting …

The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also … describes the forecasting methodology and performance of these indicators. It reviews the successful European labor market …

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 …

This Selected Issues paper discusses Romania’s modeling monetary policy. A simple Forecasting and Policy Analysis … model embodies the key principle that, in an inflation-targeting framework, the role of monetary policy is to provide an … anchor for inflation and inflation expectations. The development and calibration of this model is an ongoing process. …