8  The ECB’s objective for inflation is “below but close to two per cent.” Inflation surveys suggest that financial market participants believe that the ECB aims for inflation of about 1.7 to 1.9 % per annum.
BIS central bankers’ speeches  3  To my mind, the risk with high levels of public debt is not that average inflation rates will rise, but rather that central banks’ control of inflation will worsen. It is easy to see why.