The Eurogroup will finalise the terms and conditions for the implementation of these two schemes in November and further cooperation with the IMF will be sought to further enhance the resources of the EFSF. 4.
It is widely accepted that a key benefit of an inflation-targeting system, such as the one we have had in Canada since 1991, is that it provides a good anchor for expectations. That being said, there are still many questions about how people form their expectations.