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World Inflation at 2.4% for the past Two Decades

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World #inflation at 2.4% for the past two decades | #ChartOfTheDay

 

  • In the past two decades, an average inflation rate of 2.4% in the world
  • Many central banks around the world are today inflation targeting, e.g. Fed and ECB target 2%
  • Inflation has ranged from 1.5% to 3% except for a few spikes and crashes

 

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Posted in Chart of the Day