Disinflation speed and transmission channels

Weekly  Reports

 

Back to

Back to : 

Disinflation speed and transmission channels

Second week
December 2017

There are no doubts about the long-term benefits that would ensue from a decrease in inflation. However, a debate has been ignited recently regarding the short-term costs of fighting inflation with a floating exchange rate and the use of the interest rate as the main tool in a context of expansive fiscal policy.