Why Central Banks Target 2% Inflation
About this video
Two percent inflation is not a law of nature — it is a policy choice that became global convention. High enough to avoid the zero lower bound problem, low enough that households barely feel the drift. Here is why central banks settled on that number, what they are really targeting under the hood, and why missing the target either way still moves markets and mortgages. Educational only — not financial advice. #inflation #centralbanks #economics
From the video
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