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Worldview — the power of central banks
Engelsberg Ideas Podcasts
The Importance of a Stable Inflation Target
The 2% target is based on something fairly amorphous and there's no real proof that this is the right level because you can possibly know. Mervyn, our target is useful at all do you think? Yes, of course targets are useful. But it came originally as far as I can see unless Mervyn can push it back earlier for me.
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