The article looked at how targeting inflation affects the economy in different countries. They studied data from 35 advanced countries and 40 emerging markets from 1990 to 2017. The results showed that inflation targeting didn't have a big impact on economic growth, but it did help reduce inflation and make it more stable. In advanced countries, this approach was helpful during the Great Recession. To keep prices stable in emerging economies, it's important for the central bank to have a lot of independence and accountability.