A Statement of the Reaching Inflation Target upon Price Stability in Romania
oleh: Larisa Preda, Elena Violeta Dragoi, Lucretia Mariana Constantinescu
| Format: | Article |
|---|---|
| Diterbitkan: | Dunarea de Jos University of Galati 2015-09-01 |
Deskripsi
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.