imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''UK - Bank of England''.
| | The main currency unit of Malaysia, divided into 100 sen. |
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| :"To keep inflation low and stable, the Government sets us an inflation target of 2%. This helps everyone plan for the future.
| | Its ISO currency code is MYR. |
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| :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.
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| :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.
| | ==See also== |
| | * [[ISO currency codes]] |
| | * [[MASB]] |
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| :If we miss the inflation target by more than 1 percentage point either side of the target, we must tell the Government why."
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| :''Bank of England, June 2020''.
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| Similar goals and measures in other jurisdictions.
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| == See also ==
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| * [[Bank of England]]
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| * [[Financial stability]]
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| * [[Inflation]]
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| * [[Monetary policy]]
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| * [[Monetary Policy Committee]]
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| * [[Monetary Policy Report]]
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| * [[Official Bank Rate]]
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| ==External link==
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| *[https://www.bankofengland.co.uk/monetary-policy/inflation The UK's inflation target - Bank of England]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]] | | [[Category:The_business_context]] |
| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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