Cambodianess
@cambodianess
Not Too Hot, Not Too Cold: The Case for 2 Percent Inflation
Central banks around the world share a common and fairly straightforward mission: to keep prices stable, support long-term economic growth, and, where possible, help people stay employed. To guide this balancing act, institutions like the Federal Reserve and the European Central Bank have settled on a 2 percent inflation target as a key benchmark.
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Central banks around the world share a common and fairly straightforward mission: to keep prices stable, support long-term economic growth, and, where possible, help people stay employed. To guide this balancing act, institutions like the Federal Reserve and the European Central Bank have settled on a 2 percent inflation target as a key benchmark.
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