20.09.2017

Special Publication no. 11: Monetary policy based on inflation targeting: Iceland's experience since 2001 and post-crisis changes

The Central Bank of Iceland has published a report on the experience of the current monetary policy framework since it was adopted in March 2001, with special focus on the experience of the past few years, after changes were made to monetary policy formulation following the financial crisis.

The report’s main conclusion is that there are signs that monetary policy has become more effective and is achieving better outcomes than before in anchoring inflation and inflation expectations at the inflation target and stabilising business cycles.

The report, which is the eleventh in the Special Publications series, is accessible on the Central Bank of Iceland website: Special Publication no. 11: Monetary policy based on inflation targeting: Iceland's experience since 2001 and post-crisis changes


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