Why is 2% the Official Inflation Rate Target? [Economics Made Simple]

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2 years ago
Why is 2% the Official Inflation Rate Target? [Economics Made Simple] official inflation target inflation target inflation rate economics made simple economy explained

Why is 2% the Official Inflation Rate Target? [Economics Made Simple]

Is there a reason why the target rate of inflation can’t be 3%? To help us make sense of it all, we’ve brought in a special guest.

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#inflation #CPI #economy

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