May God the Almighty bless our sincere intention and steps and bestow us with smooth implementation thereof. Thank you. Wassalamualaikum wr. wb. BIS central bankers’ speeches  3
Although the European Central Bank does not identify itself as an inflation-targeting regime, the Maastricht Treaty set price stability as the ECB's primary objective and the ECB has set an explicit numerical target for inflation. What is an inflation-targeting regime? Inflation-targeting regimes generally identify price stability as the primary objective, usually in the context of a hierarchical mandate.