Flexible temporary price-level target  17.6  12.9  .3  2.4  3.4  1.6  14.5  6. Temporary price-level target  16.3  12.5  .0  2.3  3.1  1.7  12.6  7. Temporary price-level target (3-yr. memory)  15.6  11.2  .3  2.4  2.7  1.6  9.6  8.
These events have again provoked debates regarding the pros and cons of financial globalization, the impact of which is incrementally visible, resulting in : (i) slowdown of world economy and consequently in trade in selected products and markets, (ii) volatility in equity markets which in some cases generated losses, and (iii) easing of liquidity in a number of ways by the affected central banks, which is now compounding inflationary pressures otherwise building up because of the international rise in food and oil prices.