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We will continue to consult closely on exchange markets and cooperate as appropriate.Of course, Japan's domestic target is to get the inflation rate up, and the real interest rate down.
If prices were perfectly flexible, the economy would get the inflation it needs, regardless of monetary policy - if necessary by deflating now so that prices can rise in the future.
The key is to get the inflation number right.
You get the inflation adjustment added to the principal and don't realize it until maturity.
"Our aim is not just to get the inflation rate back to 2% but to keep it there," said Mr Carney.
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The central bank's current interpretation of its mandate is to get the annual inflation rate down to 2% within two to three years.
Jowell has indicated that the corporation may not get the full inflation-busting hike it has requested, and said a final decision will be made "towards the end of 2006".
We also get the latest UK inflation data at 9.30am, and the ZEW survey of German investor confidence.
lemasabachthani (@lemasabachthani) *SCHAEUBLE SAYS CENTRAL BANKS PROVIDING 'WAY TOO MUCH' LIQUIDITY May 16, 2013 Updated at 2.02pm BST 11.33am BST More eurozone inflation details To get the full picture on eurozone inflation there is always the eurostat website page with its country by country breakdown.
Throughout 1999 and early 2000 the main market index rose by a dizzying 650%, buoyed by hopes that Turkey would finally get a stable government that would get the country's chronic inflation, big budget deficits and sky-high interest rates under control.
At maturity, the bondholder gets the cumulative inflation-adjusted principal (which is never less than the original par amount).
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