Symmetrical inflation target

A symmetrical inflation target is a requirement placed on a central bank to respond when inflation is too low as well as when inflation is too high. ^[1]

5 relations: Bank of Canada, Bank of England, Central bank, European Central Bank, Inflation.

Bank of Canada

The Bank of Canada (or BoC) (Banque du Canada) is Canada's central bank.

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The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Symmetrical inflation.

References

[1] https://en.wikipedia.org/wiki/Symmetrical_inflation_target

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