SlideShare a Scribd company logo
Market Target
The success of Inflation Targeting depends on the
following preconditions:
Firm commitment to price stability.
Central bank independence.
Good forecasting ability.
Transparency.
Accountability.
Sound financial system.
Market Target
Government Sets
Inflation Target
2 Years in Advance

BSP Announces
Inflation Target

Decide if Inflation
Forecasts is inline with
the target.

BSP assess monetary
conditions, forecasts
inflation and decide on
the monetary policy
stance
Market Target
Explanation clauses or exemptions to the Inflation Target.
Volatility of
prices of
Agricultural
products

Changes in
government
policies

Explanation
Clauses

Changing oil
prices

Events that
major affects
the economy
Open Market
• It is an economic system with no barriers to free
market activity.
• An open market is characterized by the absence of
tariffs, taxes, licensing requirements, subsidies,
unionization and any other regulations or practices
that interfere with the natural functioning of the free
market.
Monetary Target and Open Market

More Related Content

Viewers also liked

Present malta
Present maltaPresent malta
Present maltaRomelar
 
See Us in Action
See Us in ActionSee Us in Action
See Us in Action
the365agency
 
2007 National IMIA Medical Interpreter Wages & Salary Survey
2007 National IMIA Medical Interpreter Wages & Salary Survey2007 National IMIA Medical Interpreter Wages & Salary Survey
2007 National IMIA Medical Interpreter Wages & Salary Survey
CultureSmart, Inc.
 
Miesterdisplay Technologies
Miesterdisplay TechnologiesMiesterdisplay Technologies
Miesterdisplay Technologies
Srijeet Mishra
 
Miesterdisplay Technologies
Miesterdisplay TechnologiesMiesterdisplay Technologies
Miesterdisplay Technologies
Srijeet Mishra
 
Pres. the house
Pres. the housePres. the house
Pres. the house
Romelar
 
Present malta
Present maltaPresent malta
Present malta
Romelar
 
Digital Image Libraries
Digital Image LibrariesDigital Image Libraries
Digital Image Libraries
svornholt
 
Digital Image Libraries
Digital Image LibrariesDigital Image Libraries
Digital Image Libraries
svornholt
 
Manage Your Online Identity
Manage Your Online IdentityManage Your Online Identity
Manage Your Online Identity
svornholt
 
Axe survey recap final
Axe survey recap   finalAxe survey recap   final
Axe survey recap final
the365agency
 
Exhibiting Collections with Preservation
Exhibiting Collections with PreservationExhibiting Collections with Preservation
Exhibiting Collections with Preservation
svornholt
 
Risk Management for Healthcare Interpreters
Risk Management for Healthcare InterpretersRisk Management for Healthcare Interpreters
Risk Management for Healthcare Interpreters
CultureSmart, Inc.
 
OPPS Portfolio 2010 / 2011
OPPS Portfolio 2010 / 2011OPPS Portfolio 2010 / 2011
OPPS Portfolio 2010 / 2011Schai085
 
Taxation: Sales and Production (Arguments Against It & Tariff Duties)
Taxation: Sales and Production (Arguments Against It & Tariff Duties)Taxation: Sales and Production (Arguments Against It & Tariff Duties)
Taxation: Sales and Production (Arguments Against It & Tariff Duties)
Kristine Lungay
 

Viewers also liked (15)

Present malta
Present maltaPresent malta
Present malta
 
See Us in Action
See Us in ActionSee Us in Action
See Us in Action
 
2007 National IMIA Medical Interpreter Wages & Salary Survey
2007 National IMIA Medical Interpreter Wages & Salary Survey2007 National IMIA Medical Interpreter Wages & Salary Survey
2007 National IMIA Medical Interpreter Wages & Salary Survey
 
Miesterdisplay Technologies
Miesterdisplay TechnologiesMiesterdisplay Technologies
Miesterdisplay Technologies
 
Miesterdisplay Technologies
Miesterdisplay TechnologiesMiesterdisplay Technologies
Miesterdisplay Technologies
 
Pres. the house
Pres. the housePres. the house
Pres. the house
 
Present malta
Present maltaPresent malta
Present malta
 
Digital Image Libraries
Digital Image LibrariesDigital Image Libraries
Digital Image Libraries
 
Digital Image Libraries
Digital Image LibrariesDigital Image Libraries
Digital Image Libraries
 
Manage Your Online Identity
Manage Your Online IdentityManage Your Online Identity
Manage Your Online Identity
 
Axe survey recap final
Axe survey recap   finalAxe survey recap   final
Axe survey recap final
 
Exhibiting Collections with Preservation
Exhibiting Collections with PreservationExhibiting Collections with Preservation
Exhibiting Collections with Preservation
 
Risk Management for Healthcare Interpreters
Risk Management for Healthcare InterpretersRisk Management for Healthcare Interpreters
Risk Management for Healthcare Interpreters
 
OPPS Portfolio 2010 / 2011
OPPS Portfolio 2010 / 2011OPPS Portfolio 2010 / 2011
OPPS Portfolio 2010 / 2011
 
Taxation: Sales and Production (Arguments Against It & Tariff Duties)
Taxation: Sales and Production (Arguments Against It & Tariff Duties)Taxation: Sales and Production (Arguments Against It & Tariff Duties)
Taxation: Sales and Production (Arguments Against It & Tariff Duties)
 

Similar to Monetary Target and Open Market

Monetary & fiscal policy
Monetary & fiscal policyMonetary & fiscal policy
Monetary & fiscal policy
Mahfooz Ali Khan
 
Eco 7th Lecture[1]
Eco 7th Lecture[1]Eco 7th Lecture[1]
Eco 7th Lecture[1]
dimplenift
 
111
111111
Macroeconomic Policy Tools
Macroeconomic Policy ToolsMacroeconomic Policy Tools
Macroeconomic Policy Tools
RidaZaman1
 
G12 Economics lecture notes.pptx
G12 Economics lecture notes.pptxG12 Economics lecture notes.pptx
G12 Economics lecture notes.pptx
GalataaAGoobanaa
 
Monetary policy in pakistan
Monetary policy in pakistanMonetary policy in pakistan
Monetary policy in pakistan
yumnaejaz
 
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLCWhat Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
CompareClosing
 
Monetary Policy PPT
Monetary Policy PPTMonetary Policy PPT
Monetary Policy PPT
Hitesh Jaswani
 
Monetary policy by bhawna bhardwaj
Monetary policy by bhawna bhardwajMonetary policy by bhawna bhardwaj
Monetary policy by bhawna bhardwaj
BhawnaBhardwaj24
 
Monetary policy involves the influence on the level and composition of aggreg...
Monetary policy involves the influence on the level and composition of aggreg...Monetary policy involves the influence on the level and composition of aggreg...
Monetary policy involves the influence on the level and composition of aggreg...
G.V.M.GIRLS COLLEGE SONEPAT
 
Rethinking macroeconomic policy by IMF
Rethinking macroeconomic policy by IMFRethinking macroeconomic policy by IMF
Rethinking macroeconomic policy by IMF
Victoria Gnatoka
 
eco project- price stability group4.pptx
eco project- price stability group4.pptxeco project- price stability group4.pptx
eco project- price stability group4.pptx
blepbloop
 
Monetary Policy
Monetary PolicyMonetary Policy
Monetary Policy
Muzammil Hussain
 
Monetary policy & Economic Indicators
Monetary policy & Economic IndicatorsMonetary policy & Economic Indicators
Monetary policy & Economic Indicators
Nouman Tamimi
 
Inflation targeting group 7 section f_bc
Inflation targeting group 7 section f_bcInflation targeting group 7 section f_bc
Inflation targeting group 7 section f_bc
SHASHANK SHARMA
 
Monetary policy
Monetary policyMonetary policy
Lecture # 4 (06.02.2017) @ ibt fiscal policy
Lecture # 4 (06.02.2017) @ ibt fiscal policyLecture # 4 (06.02.2017) @ ibt fiscal policy
Lecture # 4 (06.02.2017) @ ibt fiscal policy
Dynamic Research Centre & institute
 
Lecture # 4 @ ibt fiscal policy
Lecture # 4 @ ibt fiscal policyLecture # 4 @ ibt fiscal policy
Lecture # 4 @ ibt fiscal policy
Dynamic Research Centre & institute
 
FISCAL POLICY.pptx.pdf
FISCAL POLICY.pptx.pdfFISCAL POLICY.pptx.pdf
FISCAL POLICY.pptx.pdf
Jenny Naval
 
Fiscal+Monetary Policy
Fiscal+Monetary PolicyFiscal+Monetary Policy
Fiscal+Monetary Policy
Anila Vanguri
 

Similar to Monetary Target and Open Market (20)

Monetary & fiscal policy
Monetary & fiscal policyMonetary & fiscal policy
Monetary & fiscal policy
 
Eco 7th Lecture[1]
Eco 7th Lecture[1]Eco 7th Lecture[1]
Eco 7th Lecture[1]
 
111
111111
111
 
Macroeconomic Policy Tools
Macroeconomic Policy ToolsMacroeconomic Policy Tools
Macroeconomic Policy Tools
 
G12 Economics lecture notes.pptx
G12 Economics lecture notes.pptxG12 Economics lecture notes.pptx
G12 Economics lecture notes.pptx
 
Monetary policy in pakistan
Monetary policy in pakistanMonetary policy in pakistan
Monetary policy in pakistan
 
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLCWhat Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
What Is Monetary Policy?: Unlock The 2 Important Types Of It Compare Closing LLC
 
Monetary Policy PPT
Monetary Policy PPTMonetary Policy PPT
Monetary Policy PPT
 
Monetary policy by bhawna bhardwaj
Monetary policy by bhawna bhardwajMonetary policy by bhawna bhardwaj
Monetary policy by bhawna bhardwaj
 
Monetary policy involves the influence on the level and composition of aggreg...
Monetary policy involves the influence on the level and composition of aggreg...Monetary policy involves the influence on the level and composition of aggreg...
Monetary policy involves the influence on the level and composition of aggreg...
 
Rethinking macroeconomic policy by IMF
Rethinking macroeconomic policy by IMFRethinking macroeconomic policy by IMF
Rethinking macroeconomic policy by IMF
 
eco project- price stability group4.pptx
eco project- price stability group4.pptxeco project- price stability group4.pptx
eco project- price stability group4.pptx
 
Monetary Policy
Monetary PolicyMonetary Policy
Monetary Policy
 
Monetary policy & Economic Indicators
Monetary policy & Economic IndicatorsMonetary policy & Economic Indicators
Monetary policy & Economic Indicators
 
Inflation targeting group 7 section f_bc
Inflation targeting group 7 section f_bcInflation targeting group 7 section f_bc
Inflation targeting group 7 section f_bc
 
Monetary policy
Monetary policyMonetary policy
Monetary policy
 
Lecture # 4 (06.02.2017) @ ibt fiscal policy
Lecture # 4 (06.02.2017) @ ibt fiscal policyLecture # 4 (06.02.2017) @ ibt fiscal policy
Lecture # 4 (06.02.2017) @ ibt fiscal policy
 
Lecture # 4 @ ibt fiscal policy
Lecture # 4 @ ibt fiscal policyLecture # 4 @ ibt fiscal policy
Lecture # 4 @ ibt fiscal policy
 
FISCAL POLICY.pptx.pdf
FISCAL POLICY.pptx.pdfFISCAL POLICY.pptx.pdf
FISCAL POLICY.pptx.pdf
 
Fiscal+Monetary Policy
Fiscal+Monetary PolicyFiscal+Monetary Policy
Fiscal+Monetary Policy
 

More from Kristine Lungay

Sucess Stories of Entrepreneurs
Sucess Stories of EntrepreneursSucess Stories of Entrepreneurs
Sucess Stories of Entrepreneurs
Kristine Lungay
 
Professional Ethics in Real Estate Practice
Professional Ethics in Real Estate PracticeProfessional Ethics in Real Estate Practice
Professional Ethics in Real Estate Practice
Kristine Lungay
 
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
Kristine Lungay
 
Information and Communications Technology in Small and Medium Enterprise
Information and Communications Technology in Small and Medium EnterpriseInformation and Communications Technology in Small and Medium Enterprise
Information and Communications Technology in Small and Medium Enterprise
Kristine Lungay
 
Hybrid Model
Hybrid ModelHybrid Model
Hybrid Model
Kristine Lungay
 
Decision Theory
Decision TheoryDecision Theory
Decision Theory
Kristine Lungay
 

More from Kristine Lungay (6)

Sucess Stories of Entrepreneurs
Sucess Stories of EntrepreneursSucess Stories of Entrepreneurs
Sucess Stories of Entrepreneurs
 
Professional Ethics in Real Estate Practice
Professional Ethics in Real Estate PracticeProfessional Ethics in Real Estate Practice
Professional Ethics in Real Estate Practice
 
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308
 
Information and Communications Technology in Small and Medium Enterprise
Information and Communications Technology in Small and Medium EnterpriseInformation and Communications Technology in Small and Medium Enterprise
Information and Communications Technology in Small and Medium Enterprise
 
Hybrid Model
Hybrid ModelHybrid Model
Hybrid Model
 
Decision Theory
Decision TheoryDecision Theory
Decision Theory
 

Recently uploaded

一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
obyzuk
 
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
otogas
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
rlo9fxi
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
EasyReports
 
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
qntjwn68
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
Falcon Invoice Discounting
 
1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
Neal Brewster
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
Falcon Invoice Discounting
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
bbeucd
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Henry Tapper
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
nimaruinazawa258
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
FinTech Belgium
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
taqyea
 
Eco-Innovations and Firm Heterogeneity. Evidence from Italian Family and Nonf...
Eco-Innovations and Firm Heterogeneity.Evidence from Italian Family and Nonf...Eco-Innovations and Firm Heterogeneity.Evidence from Italian Family and Nonf...
Eco-Innovations and Firm Heterogeneity. Evidence from Italian Family and Nonf...
University of Calabria
 
Seminar: Gender Board Diversity through Ownership Networks
Seminar: Gender Board Diversity through Ownership NetworksSeminar: Gender Board Diversity through Ownership Networks
Seminar: Gender Board Diversity through Ownership Networks
GRAPE
 
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdfPensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Henry Tapper
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
egoetzinger
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
 

Recently uploaded (20)

一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
 
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
 
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
 
1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
 
Eco-Innovations and Firm Heterogeneity. Evidence from Italian Family and Nonf...
Eco-Innovations and Firm Heterogeneity.Evidence from Italian Family and Nonf...Eco-Innovations and Firm Heterogeneity.Evidence from Italian Family and Nonf...
Eco-Innovations and Firm Heterogeneity. Evidence from Italian Family and Nonf...
 
Seminar: Gender Board Diversity through Ownership Networks
Seminar: Gender Board Diversity through Ownership NetworksSeminar: Gender Board Diversity through Ownership Networks
Seminar: Gender Board Diversity through Ownership Networks
 
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdfPensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
 

Monetary Target and Open Market

  • 1.
  • 2. Market Target The success of Inflation Targeting depends on the following preconditions: Firm commitment to price stability. Central bank independence. Good forecasting ability. Transparency. Accountability. Sound financial system.
  • 3. Market Target Government Sets Inflation Target 2 Years in Advance BSP Announces Inflation Target Decide if Inflation Forecasts is inline with the target. BSP assess monetary conditions, forecasts inflation and decide on the monetary policy stance
  • 4. Market Target Explanation clauses or exemptions to the Inflation Target. Volatility of prices of Agricultural products Changes in government policies Explanation Clauses Changing oil prices Events that major affects the economy
  • 5. Open Market • It is an economic system with no barriers to free market activity. • An open market is characterized by the absence of tariffs, taxes, licensing requirements, subsidies, unionization and any other regulations or practices that interfere with the natural functioning of the free market.