10min chapter

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Raghuram Rajan — Debt, Monetary Policy, and Unintended Consequences

The Joe Walker Podcast

CHAPTER

The History and Importance of Inflation Targeting

This chapter delves into the history of inflation targeting and why central banks have settled on a 2% inflation target. It highlights the significance of anchoring inflation at a low level and explores the challenges of managing inflation expectations in countries like India.

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