Is the FEDs 2%btarget inflation rate by any chance related to this 2%, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a?
Discussion
no
2 number has lot to do with interbank LENDING
3 % on UST10Y was similar stands for 30years+
but that was all originally built on bretton woods redeemable USD at $35/oz.
i think the point still stands.
2% inflation target was made up by a New Zealand central
Banker back in the 70s.