About: Symmetrical inflation target

An Entity of Type: protein, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

A symmetrical inflation target is a requirement placed on a central bank to respond when inflation is too low as well as when inflation is too high. For example, the Bank of England and the Bank of Canada have symmetrical inflation targets. Following the strategy review led by the new president Christine Lagarde and finalised in July 2021, also the European Central Bank adopted a symmetric inflation target of two per cent over the medium term and officially abandoned the asymmetric "below but close to two percent" definition.

Property Value
dbo:abstract
  • A symmetrical inflation target is a requirement placed on a central bank to respond when inflation is too low as well as when inflation is too high. For example, the Bank of England and the Bank of Canada have symmetrical inflation targets. Following the strategy review led by the new president Christine Lagarde and finalised in July 2021, also the European Central Bank adopted a symmetric inflation target of two per cent over the medium term and officially abandoned the asymmetric "below but close to two percent" definition. (en)
dbo:wikiPageID
  • 665275 (xsd:integer)
dbo:wikiPageLength
  • 1012 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1097375314 (xsd:integer)
dbo:wikiPageWikiLink
dbp:wikiPageUsesTemplate
dct:subject
gold:hypernym
rdf:type
rdfs:comment
  • A symmetrical inflation target is a requirement placed on a central bank to respond when inflation is too low as well as when inflation is too high. For example, the Bank of England and the Bank of Canada have symmetrical inflation targets. Following the strategy review led by the new president Christine Lagarde and finalised in July 2021, also the European Central Bank adopted a symmetric inflation target of two per cent over the medium term and officially abandoned the asymmetric "below but close to two percent" definition. (en)
rdfs:label
  • Symmetrical inflation target (en)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License