Features of inflation processes and prospects of the inflation targeting framework

In this article the feasibility of continuing the use of inflation targeting as a tool for ensuring economic stability in Ukraine is substantiated. The experience of the Czech Republic in conducting a stable economic policy has been studied and analyzed. It was concluded that, based on the experience of foreign countries, inflation targeting is an important issue for supporting the stable economic development as well as significant prerequisite for reducing the level of inflation in interaction with qualitative changes in the economic, financial, and social spheres.