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Experts Pool Minds to Fight Inflation

“The persistence of runaway inflation over five decades amply shows that we spend more and produce less”
Experts Pool Minds to Fight Inflation
Experts Pool Minds to Fight Inflation

The 29th Monetary and Banking Conference in Tehran ended Tuesday after debating the trends in inflation and adopting strategies to curb it. 
Organized by the Monetary and Banking Research Institute, the annual meeting was opened by Shapour Mohammadi, head of the research center and was attended by academia, economists and market experts. Economy Minister Ehsan Khandouzi and the Governor of Central Bank of Iran Ali Salehabadi were also present at the two-day gathering. 
Khandouzi pointed to the role of monetary factors and volatility in forex rates as the two major factors pushing up inflation rates and said moves to tame inflation must address both components.  

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