Does it make sense to ditch the 2% inflation target?
Investors are beginning to question whether central banks should set their sights higher. In the absence of firm evidence that inflation is structurally higher, doing so would be premature, but there is always a risk the decision gets taken out of the hands of independent monetary policymakers.
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The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.