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  4. Features of inflation processes and prospects of the inflation targeting framework

Features of inflation processes and prospects of the inflation targeting framework

SMEU.
2024;
Volume 6, Number 1
: pp. 225 - 237
https://doi.org/10.23939/smeu2024.01.225
Authors:
  1. V. Lemishovskyi
  2. N. Dumych
1
Lviv Polytechnic National University
2
Institution of Higher Education "Private Joint-Stock Company "Lviv Institute of Management"

In this article the feasibility of continuing the use of inflation targeting as a tool for ensuring economic stability in Ukraine is substantiated. The experience of the Czech Republic in conducting a stable economic policy has been studied and analyzed. It was concluded that, based on the experience of foreign countries, inflation targeting is an important issue for supporting the stable economic development as well as significant prerequisite for reducing the level of inflation in interaction with qualitative changes in the economic, financial, and social spheres.

price stability
central bank
consumer price index
Harmonised Indices of Consumer Prices
inflation targeting
inflation
monetary policy
Key Policy Rate
anti- inflationary fiscal policy
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