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  • Alex Haseldine

The Other Target

Updated: Apr 8

"In order to anchor longer-term inflation expectations at this [2%] level, the Committee seeks to achieve inflation that averages 2 percent over time, and therefore judges that, following periods when inflation has been running persistently below 2 percent, appropriate monetary policy will likely aim to achieve inflation moderately above 2 percent for some time." - FOMC, 27th August 2020.


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