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Lurcher1989 t1_it7ew3f wrote

Reply to comment by AcanthisittaFlaky385 in [OC] Inflation rate and nominal interest rate by giteam

Target is 2% flat not ~3%. It's also not set on interest rates, they can go up and down as needed.

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AcanthisittaFlaky385 t1_it7ga2n wrote

Thank you for googling that information. Perhaps next time, listen to the view and expressions on Mark Carney and Andrew bailey.

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