The benefits of being near the inflation target Canadians know inflation is too high right now. But many may wonder why the Bank’s goal is to get inflation back to 2%. Inflation is mostly influenced ...

Paul Krugman has long been a critic of the Fed's 2% inflation target, and suggests the goal be bumped up to 3%. But central bankers' reaction to such suggestions is similar to what "you'd get if you ...

Despite disappointment in the performance of many central banks, let’s not lose sight of key lessons. First, inflation stinks, inflicting most harm on those who can afford it least. Second, central ...

FRANKFURT (Reuters) -The ECB should abandon targeting headline inflation and focus instead on price growth in discretionary spending to protect the bloc's poorest, a paper to be presented to ...

The decision to focus on inflation was renewed earlier this month. While the Bank aims for an inflation rate of about 2%, Carney said the ideal rate would be closer to zero, or even below. But ...