Forex Flash: Is a 2% inflation target realistic? – Nomura

Forex Flash: Is a 2% inflation target realistic? – Nomura
They note that since the bursting of the 1980s economic bubble, inflation has never stayed above 2% for long, except when the consumption tax was introduced in April 1989 and raised in April 1997, or when crude oil prices were increasing sharply (2008 …

Carney will 'ditch inflation targets, slash interest rates and push more QE'
The newspaper said options include giving the Bank's monetary policy committee greater time to bring inflation back to the 2% target, giving the BoE a Federal Reserve-style dual mandate to target both employment and inflation, and even targeting cash …
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Moving the Bank to a growth target would be 'dangerous', says Dale
Rejecting calls for a radical overhaul of the Bank's 2pc inflation target, Spencer Dale said it was wrong to assume the central bank could deliver “permanently higher output and permanently higher employment simply by printing more money”. He cautioned …

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