inflation forecast targeting regime in Sri Lanka. The FPAS model provides a relatively good forecast for inflation and a … framework to evaluate policy trade-offs. The model simulations suggest that an open-economy inflation targeting rule can reduce … could aim to target a broad inflation range initially due to its susceptibility supply-side shocks while enhancing exchange …

developments should be monitored closely and monetary policy tightened further should inflation pressures increase. The …

remain favorable, including for strong growth, a further deceleration in inflation, and maintenance of a sustainable external …

This paper explores how monetary policy affects other macroeconomic variables, mainly output and inflation. First, it … this study, the following statistical data are listed in detail: GDP and expenditure components, savings, investment …

environment, inflation fell significantly to 2¾ percent in 2004—the lowest inflation rate since the early 1970s. The return of …

the past several years, but overall macroeconomic performance in 2002 was mixed. Inflation in 2002 was the lowest since … outlook for 2003 is broadly similar to the outcome for 2002. Inflation is expected at about 27 percent, and real GDP growth is …