Abstract

The main objective of this study was to investigate retrospective and challenges of monetary strategy of inflation targeting post-crisis time. Practical developments in the world imbued with a variety of theoretical approaches and practical consequences of this concept have confirmed that today's stage more dominant redefined the concept of inflation targeting than in the original sense that we knew before. This segment of the global monetary strategy shifts in the world should take particular account and our world-class monetary institutions. Therefore, our central bank is facing a new challenge in which the range of that new reformulated monetary policy still somehow limited.

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