Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Reuters Asks: Should Central Bank abandon inflation targets?

Thursday, February 07, 2013 - 01:50

Feb. 7 - We ask our guests if they think Central Bankers should abandon inflation targetting

▲ Hide Transcript

View Transcript

Thank you and Buchanan -- Yeah. -- the -- people -- people we can't expect expect it. I'm from the moment. Now I think I think it's. I think it's cities his buddies in the times when there was upward pressure on inflation. The last few years when there was a risk that we could have lurched into that deflationary episode. The short -- got to be known because we academic studies. And see. Have you been sold inflation Tug team in the period that he was used does seem to suggest that it works and that they region increasing trading -- the -- that -- perhaps some kind. -- different method. Putting you kind of moderate supplied. -- strong reasons to question whether or whether or nominal GDP delegates Obama aides say is essential medium term strategy. He may look secretly attracted for the moment but I think on the looked out across -- economic cycle. The inflation talk he's still the most efficient like the bank's second site's -- There's no point in leaving too tall kid which number that even the bank itself says that they're -- They're gonna lose all credibility that -- might as -- stick with what they do an amendment it doesn't work well with the sole exception of anchoring. Inflation and if you were to abandon the target. The inflation expectations and get you must now. Well I I think we have to interview very suspiciously changing their targets -- indeed I think there's the debate probably in the UK as as inflation. The question that's propaganda and all the shots. That 2% -- get better now you know changing the target states could -- -- you could -- -- and they get these signals to prevent the marketing decision you. -- of -- -- he's. You know not understood appropriately by market -- the defense.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Reuters Asks: Should Central Bank abandon inflation targets?

Thursday, February 07, 2013 - 01:50

Editors' Picks »

Most Popular »

Moving Pictures »

Images of November Images of November

Tue, 02 Dec, 2014 - (0:30)

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

Oddly Enough »

Bad bear to attack Santa! Bad bear to attack Santa!

Thu, 18 Dec, 2014 - (0:42)

Navy unveils robot fish Navy unveils robot fish

Thu, 18 Dec, 2014 - (0:42)

French students dig WWI trench to relive warfare French students dig WWI trench to relive...

Wed, 17 Dec, 2014 - (1:16)

Santa abseils down Berlin high-rise Santa abseils down Berlin high-rise

Mon, 15 Dec, 2014 - (1:06)

The Christmas spirit heads underwater The Christmas spirit heads underwater

Thu, 11 Dec, 2014 - (1:01)

Newly released U.S. military video shows apparent airstrikes against militants in Syria Newly released U.S. military video shows...

Wed, 10 Dec, 2014 - (0:46)

Dateline Asia »

North Korea to blame for Sony hack: source North Korea to blame for Sony hack: source

Thu, 18 Dec, 2014 - (1:10)

China's child labor problem China's child labor problem

Thu, 18 Dec, 2014 - (2:19)

Measuring up North Korea's heir Measuring up North Korea's heir

Wed, 17 Dec, 2014 - (1:03)

Russia worries rock emerging markets Russia worries rock emerging markets

Wed, 17 Dec, 2014 - (1:14)

Seoul raises the "nut rage" stakes Seoul raises the "nut rage" stakes

Tue, 16 Dec, 2014 - (1:03)

Sydney in shock after hostage horror Sydney in shock after hostage horror

Tue, 16 Dec, 2014 - (1:07)

Not all merry and bright in China's manufacturing sector Not all merry and bright in China's...

Tue, 16 Dec, 2014 - (1:29)

Beneath the surface of Abe's big win Beneath the surface of Abe's big win

Mon, 15 Dec, 2014 - (1:15)

Some hostages escape from Sydney cafe Some hostages escape from Sydney cafe

Mon, 15 Dec, 2014 - (1:06)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:22)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)