Bank of Canada Review, Summer 2006

The Bank of Canada published its Review for Summer 2006 on 17 August. The Review includes the article 'Credibility with flexibility: The evolution of inflation-targeting regimes, 1990-2006'.

Beginning with a review of the adoption of inflation targeting in a broad group of countries, this article focuses on changes in the design of inflation-targeting frameworks in light of fifteen years of accumulated experience. Included in the discussion are the use of numerical targets and ranges, the policy

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