As can be seen from these responses, inflation targeting has been used to raise inflation rates as well. It should be noted that, even though the monetary policy frameworks of central banks around the world are converging, appropriate policy measures are not the same everywhere.
Finally, the central bank needs to look at the systemic risks in the entire system. When systemic risks do arise, prompt and proper action shall be taken in terms of monetary policy and liquidity based on domestic and international experience, in order to alleviate the damage on the financial industry and the national economy.