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For the three inflation targeters that target inflation at (3,%) the long-run expected interest rate is approximately (4.4,%).
Central banks always target inflation flexibly.
We don't target exchange rate, we target inflation..but we are not indifferent.
Thirteen emerging markets now target inflation, allowing the exchange rate to float more cleanly.
Finance: Still Freaking Out A Federal Reserve member wants to target inflation, interest and unemployment.
"Most of us think that we're managing the whole economy and we're trying to target inflation, unemployment.
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Above-target inflation is painful, particularly for some.
"In this context, persistently below-target inflation could become more entrenched".
Simon Hayes, of Barclays, predicted that "households will have to endure above-target inflation throughout 2013".
In Britain, weaker sterling has led to above-target inflation and a squeeze in real wages.
Above-target inflation, debt and poor planning put its prosperity at risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com