Central Bank of Iran Strives to Check Inflation

The Central Bank of Iran is striving to find solutions to curb the galloping inflation rates with the help of workable and viable monetary policies.

Financial Tribune- In an Instagram post on Sunday the CBI boss Abodlnasser Hemmati said the regulator is working on solutions to control volatilities in macroeconomic variables. In particular he referred to the high and rising inflation rate.
“In the present economic conditions it should be noted that aggregate demand is not rising,” he wrote.
In economic parlance, aggregate demand refers to total demand for final goods and services in the economy which if raised leads to demand-pull inflation.

Publish Date: Apr 29, 2019