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I have a question at the intersection of Economics and Politics.

Every country has eachher own inflation target. But who, how and on what basis is it determined.? Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (dependsdepending on a country) and not around 1% or 3% or any other? Maybe a little deflation (around 1%) couldwould be better?

The question is not a duplicate. I tryam trying to understand why the inflation target is set to some exact value. What is the process of doingsetting this setvalue. Who is responsible for this task and on what data does he can do itwork with.

Are there any scientific publications explaining the process of determining the inflation target?

I have a question at the intersection of Economics and Politics.

Every country has each own inflation target. But who, how and on what basis is determined. Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depends on a country) and not around 1% or 3% or any other? Maybe little deflation (around 1%) could be better?

The question is not a duplicate. I try to understand why inflation target is set to some exact value. What is the process of doing this set. Who is responsible for this task and on what data he can do it.

Are there any scientific publications explaining the process of determining inflation target?

I have a question at the intersection of Economics and Politics.

Every country has her own inflation target. But who, how and on what basis is it determined? Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depending on a country) and not around 1% or 3% or any other? Maybe a little deflation (around 1%) would be better?

I am trying to understand why the inflation target is set to some exact value. What is the process of setting this value. Who is responsible for this task and what data does he work with.

Are there any scientific publications explaining the process of determining the inflation target?

2 added 208 characters in body
source | link

I have a question at the intersection of Economics and Politics.

Every country has each own inflation target. But who, how and on what basis is determined. Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depends on a country) and not around 1% or 3% or any other? Maybe little deflation (around 1%) could be better?

The question is not a duplicate. I try to understand why inflation target is set to some exact value. What is the process of doing this set. Who is responsible for this task and on what data he can do it.

Are there any scientific publications explaining the process of determining inflation target?

I have a question at the intersection of Economics and Politics.

Every country has each own inflation target. But who, how and on what basis is determined. Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depends on a country) and not around 1% or 3% or any other? Maybe little deflation (around 1%) could be better?

Are there any scientific publications explaining the process of determining inflation target?

I have a question at the intersection of Economics and Politics.

Every country has each own inflation target. But who, how and on what basis is determined. Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depends on a country) and not around 1% or 3% or any other? Maybe little deflation (around 1%) could be better?

The question is not a duplicate. I try to understand why inflation target is set to some exact value. What is the process of doing this set. Who is responsible for this task and on what data he can do it.

Are there any scientific publications explaining the process of determining inflation target?

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source | link

How and on what basis the inflation target is determined?

I have a question at the intersection of Economics and Politics.

Every country has each own inflation target. But who, how and on what basis is determined. Of course, we know that too big inflation is bad and deflation is bad, but why it's around 2% (depends on a country) and not around 1% or 3% or any other? Maybe little deflation (around 1%) could be better?

Are there any scientific publications explaining the process of determining inflation target?