5 ms·

Thats still 2 more than 2.

• arcticbull 4y ago
  I mean yeah, but the trajectory is kind of more important.
• coolestguy 4y ago
  Which is in itself a made up number to aim for
• CoolestBeans 4y ago
  2% is an arbitrary target. According to Volcker in his autobiography its has its origins in an offhand comment in a news story from then RBNZ governor during a bout with inflation that they would be happy if they brought inflation down to about 2%.
  • newaccount2023 4y ago
    nonetheless it is also the number Powell has suggested repeatedly as his target
• mkl95 4y ago
  You want to look for a rate of change here. Inflation is significantly lower than a few weeks ago.
• deleted 4y ago
  [deleted]