When talking about price stability today, we look at a broader set of goods: in the euro area, for instance, the basket of goods used for the Harmonised Consumer Price Index (HCPI).
However, both then and now has monetary policy principally aimed at achieving monetary stability, and the questions about the implications of monetary policy actions and their interaction with financial stability resemble each other quite a bit. Is monetary stability a necessary precondition for financial stability? That is, do we need an environment of stable prices for a healthy financial sector?