Did you know there’s no economics research or evidence about that 2% target. It’s just that in the 80’s New Zealand randomly decided that was a good number and choose it. Then New Zealand’s economy did well, so central banks around the world decided to make it their goal.
https://sites.lsa.umich.edu/mje/2023/09/04/why-the-2-inflation-target/#:~:text=The%20story%20of%20the%202,inflation%20target%20(Irwin%202014).
That just tells me that nobody at any central bank has a clue, but then I guess we already knew that.
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