challenges for policymakers: (i) to prevent capital flows from exacerbating overheating pressures and consequent inflation, and …," which calls for a rather aggressive monetary policy reaction to inflation, introducing macroprudential measures is found to …

India has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As … a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in … inflation. This article outlines the two main price measures available for the Indian economy and discusses their role in Indiaâ …

reaction function. The parameter estimates differ in two regards: the NEER responds to inflation in Singapore but not in Hong … variability of inflation has been lower in Singapore, but the volatility of real economic activity has been similar in the two …