-minded pursuit of the inflation target. For the U.K. and Canada, lower inflation levels and persistence post-adoption are combined …

three countries that adopted inflation targets in the early 1990s: The United Kingdom, Canada, and New Zealand. For all … in counter-inflationary conservatism. The results for Canada are less clear, perhaps reflecting the broader fiscal and …

rates to inflation movements, for three countries adopting IT in the early 1990s. For the U.K. and Canada, lower inflation …