#01 - Inflation targeting: origins and rationale
Apr 15, 2019•10 min
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Episode description
In this first episode, William De Vijlder discusses why low and stable inflation is important and how this led, about 30 years ago, in New Zealand, to introduce a monetary policy based on inflation targeting. He also discusses how this approach has been adopted by an increasing number of central banks. Interview conducted with François Doux.
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