And as you know, this meeting -- the President meets regularly with leaders to discuss a range of topics, including economic stability and job creation.

WHITEHOUSE: Press Briefing

Importantly, as my FOMC colleague Gary Stern has pointed out, it would also mitigate moral hazard and the problem of "too big to fail" by reducing the range of circumstances in which systemic stability concerns might be expected by markets to prompt government intervention.

FORBES: Reducing Systemic Risk

The Committee discussed the range of policy tools available to promote a stronger economic recovery in a context of price stability.

FORBES: FOMC Takes Markets For A Wild Ride

The second main reason for Qatar's political stability is that the country's nationals enjoy a range of generous state handouts, which have swelled under the rule of the current emir, Emir Hamad bin Khalifah Al Thani, who overthrew his father in 1995.

BBC: Qatar's delicate balancing act

To achieve price stability, it would require the Fed to monitor a full range of asset prices including not only goods and services, but also the price of gold and the foreign exchange value of the dollar.

FORBES: The Budget Stalemate Shows The Need For Monetary Reform

The inflation target replaces the BoJ's current, vaguely-worded "goal" for price stability over the medium to long-term, which was taken to mean a positive range of 2 per cent or lower in year-on-year change in the consumer price index.

CNN: Bank of Japan bows to inflation pressure