The main objectives of the monetary policy of modern Uzbekistan are to ensure the stability of the national currency and reduce inflation. That is why monetary policy, in fact, is a monetary component of the anti-inflationary policy, and the inflation targeting regime has been chosen as a priority direction of the measures implemented by the Bank of Uzbekistan - the establishment of quantitative targets for inflation, the achievement of which in the medium term is an institutional obligation of the monetary authorities. With this in mind, the article discusses the main components of the inflation targeting regime and the stages of its implementation; the types of inflation targeting regimes used in domestic and world practice are analyzed, their advantages and disadvantages are identified, and the possibilities of application by the Bank of Uzbekistan are substantiated.