ITFA and Inflation target: Difference between pages
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1. ''UK - Bank of England''. | |||
:"To keep inflation low and stable, the Government sets us an inflation target of 2%. This helps everyone plan for the future. | |||
==See also== | :If inflation is too high or it moves around a lot, it’s hard for businesses to set the right prices and for people to plan their spending. | ||
* [[ | |||
:But if inflation is too low, or negative, then some people may put off spending because they expect prices to fall. Although lower prices sounds like a good thing, if everybody reduced their spending then companies could fail and people might lose their jobs. | |||
:If we miss the inflation target by more than 1 percentage point either side of the target, we must tell the Government why." | |||
:''Bank of England, June 2020'' | |||
2. | |||
Similar goals and measures in other jurisdictions. | |||
== See also == | |||
* [[Bank of England]] | |||
* [[Financial stability]] | |||
* [[Inflation]] | |||
* [[Monetary policy]] | |||
* [[Monetary Policy Committee]] | |||
* [[Monetary Policy Report]] | |||
* [[Official Bank Rate]] | |||
==External link== | |||
*[https://www.bankofengland.co.uk/monetary-policy/inflation The UK's inflation target - Bank of England] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
Revision as of 01:54, 21 January 2022
1. UK - Bank of England.
- "To keep inflation low and stable, the Government sets us an inflation target of 2%. This helps everyone plan for the future.
- If inflation is too high or it moves around a lot, it’s hard for businesses to set the right prices and for people to plan their spending.
- But if inflation is too low, or negative, then some people may put off spending because they expect prices to fall. Although lower prices sounds like a good thing, if everybody reduced their spending then companies could fail and people might lose their jobs.
- If we miss the inflation target by more than 1 percentage point either side of the target, we must tell the Government why."
- Bank of England, June 2020
2.
Similar goals and measures in other jurisdictions.
See also
- Bank of England
- Financial stability
- Inflation
- Monetary policy
- Monetary Policy Committee
- Monetary Policy Report
- Official Bank Rate
