Indeed, by January 1992, inflation was already close to 2 per cent, down from its average of over 5 per cent between 1988 and 1991. Although at times it has approached the boundaries of the range, and exceeded it earlier this year, over the medium term, the average inflation rate has remained around 2 per cent.
Andreas Dombret: Living with fragmentation – post-Brexit realities in financial services Keynote speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at the AIMA Global Policy and Regulatory Forum, Dublin, 20 March 2018. * * *  1 Introduction Ladies and gentlemen Thank you for the kind introduction.