Monday, 20 July 2020

Raising the inflation target

Over at Vox Eu or Vox wonk as I call it there are plenty of wonderful articles relating to the coronavirus.

however I want to highlight an article : raising-inflation-target-assessing-extra-room.

It is really interesting. i have to say I do not mind a short rise in the inflation target to ensure economic revolver is not cut short.

There are problems if this continues over the medium tern particularly relating to monetary policy.

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