A Statement of the Reaching Inflation Target upon Price Stability in Romania
Drăgoi, Elena Violeta
Constantinescu, Lucreţia Mariana
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Price stability contributes to financial stability because it eliminates the market distortions and uncertainties which may occur at the markets’ level as a result of the price instability. Price stability can reduce the level of risk premiums in interest rates because it lowers the degree of uncertainty that is associated with future inflation.
- 2015 fascicula 1 nr2