My reaction is similar to what Janet Yellen replied in June 2017 to a question about the letter to the Federal Reserve signed by 22 prominent American economists[52] in favour of increasing the inflation target: “…this is one of our most critical decisions and one we are attentive to evidence and outside thinking. It's one that we will be reconsidering at some future time.
… It needs to be a balanced assessment. But I would say that this is one of the most important questions facing monetary policy around the world in the future. And we very much look forward to seeing research by economists that will help inform our future decisions on this."