higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation …

This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated … with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of … of inflation; provides a synthesis of policy responses taken against the background of the conflicting objectives and …

Monetary policy influences inflation dynamics by exerting impact on a diverse array of commodity prices. At high … importance of the commodity-price channel of monetary policy on domestic and international inflation at longer horizons (6 … accounts for 47% of the total effect of US monetary policy on US headline inflation, and 57% of the effect of US monetary …

This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation … targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in … favor of ""flexible"" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently …