Inflation target
The inflation rate a central bank aims for over time. The Fed, ECB, Bank of England and Bank of Japan all target 2%.
Example
Euro area inflation at 3.8% is almost double the ECB’s target.
Explained in
The inflation rate a central bank aims for over time. The Fed, ECB, Bank of England and Bank of Japan all target 2%.
Euro area inflation at 3.8% is almost double the ECB’s target.