"maybe we'll need to lift inflation targets to 3 or 4%"
Discussion
Once they understand that they aim for 2%, the next things for them to understand are that (1) they rarely hit the target and (2) they can change the target whenever they want.
"maybe we'll need to lift inflation targets to 3 or 4%"
Once they understand that they aim for 2%, the next things for them to understand are that (1) they rarely hit the target and (2) they can change the target whenever they want.