Inflation Targeting - a Strategy of Indirect Regulation of Inflation

Yuriy Vorobyev

Journal paper

Russian Journal of Entrepreneurship *
№ 1-1 / January, 2010
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
Taking into consideration the economic situation of the country, the state monetary regulation authorities follow a strategy of indirect impact on inflationary processes. In recent decades inflation targeting, one of such strategies, stands out. Its efficiency has been proved by the results of its application in many countries. But before inflation targeting is introduced in Russia, all the features of this regime and the problems associated with its introduction should be analyzed properly.

Keywords: monetary policy, central bank, inflation targeting, inflationary processes, inflationary expectations

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