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词汇 price-level-targeting
释义 price-level targeting
noun[ U ]
 ECONOMICSukus
a type of monetary policy(= government actions to control the amount of money in an economy) which aims to keep the price level at a particular level, measured according to the CPI:
In theory price-level targeting is superior to inflation-targeting because it provides more certainty about the long-term purchasing power of money.
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