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Examples
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Since the last five-year agreement was reached, the central bank has been studying whether to lower the current 2 per cent target or shift to a system called price-level targeting, which would aim to achieve a certain level in the consumer price index over time instead of targeting a rate of change.
The Globe and Mail - Home RSS feed Bill Curry 2011
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It could also institute so-called price-level targeting, in which it explicitly allows for inflation to rise above the 2 percent target to make up for periods at which at ran below the target.
Reuters: Top News 2011
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The Bank of Canada for several years has been studying the efficacy of a strategy called "price-level targeting," which would see policy makers attempt to achieve a certain increase in nominal prices, rather than tie policy to achieving an annual inflation rate of between 1 per cent and 3 per cent.
The Globe and Mail - Home RSS feed KEVIN CARMICHAEL 2011
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Since the last five-year agreement was reached, the central bank has been studying whether to lower the current 2 per cent target or shift to a system called price-level targeting, which would aim to achieve a certain level in the consumer price index over time instead of targeting a rate of change.
The Globe and Mail - Home RSS feed Bill Curry 2011
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It could also institute so-called price-level targeting, in which it explicitly allows for inflation to rise above the 2 percent target to make up for periods at which at ran below the target.
Reuters: Top News 2011
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It could also institute so-called price-level targeting, in which it explicitly allows for inflation to rise above the 2 percent target to make up for periods at which at ran below the target.
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It could also institute so-called price-level targeting, in which it explicitly allows for inflation to rise above the 2 percent target to make up for periods at which at ran below the target.
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Bernanke himself has cited the possibility of aiming for slightly higher inflation, or so-called price-level targeting, for a time as a tool still available to the central bank, although he has dismissed it as too dangerous.
unknown title 2011
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It could also institute so-called price-level targeting, in which it explicitly allows for inflation to rise above the 2 percent target to make up for periods at which at ran below the target.
Reuters: Top News 2011
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Dudley expresses openness to a form of price-level targeting; I cannot recall any other current Fed policymakers having done so, though it has received more wide discussion among economists outside the Fed.
N.Y. Fed chief Dudley: 'Further action likely to be warranted' Neil Irwin 2010
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