Инфлационното таргетиране – възможен режим на паричната политика в прехода към Еврозоната
Inflationary targeting – a possible regime of monetary policy in the transition to Eurozone

Summary/Abstract: The central banks can chose one of the four basic strategies of monetary policy for maintaining the monetary stability: targeting of exchange rate, monetary targeting (monetary unit targeting), inflationary targeting and mode of targeting the implicit nominal anchor. We turn our attention to the inflationary targeting that has gained popularity at the beginning of the 90’s of the twentieth century as a new approach toward monetary policy. The results in the countries that have assumed the inflationary targeting are very good as a whole. They have succeeded to reduce the rate of inflation and the inflationary expectations. The positive results are a ground to expect that our country can take advantage from a similar regime in the conditions of transition to the EURO. To a certain extent this depends on the decisions that will be taken regarding the way of accession to the Euro zone – by keeping the currency board or by stopping its action during the transitional period.

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