Inflation-Forecast Targeting for India : An Outline of the Analytical Framework /

India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other count...

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Bibliographic Details
Main Author: Benes, Jaromir
Other Authors: Clinton, Kevin, George, Asish, John, Joice
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/032
Online Access:Full text available on IMF