US inflation today is much more like good news than bad - Rogoff

In fact, economic theory gives very little robust guidance on whether, say, 3 per cent inflation is better than 2 per cent in normal times, so long as it remains reasonably stable and predictable. 

When Olivier Blanchard was IMF chief economist in 2010, he argued that inflation targets should be raised to 4 per cent.

Kenneth Rogoff FT 16 July 2021

The writer is a professor of economics and public policy at Harvard university and former chief economist at the IMF

https://www.ft.com/content/a7c101be-7361-4307-981d-b8edf6d002be

Riktiga karlar är inte rädda för lite inflation

https://englundmacro.blogspot.com/2010/02/riktiga-karlar-ar-inte-radda-for-lite.html

Did inflation targeting fail?

Martin Wolf, Financial Times, May 5 2009

https://englundmacro.blogspot.com/2020/07/the-troubling-bit-is-that-these.html

Riksbankens mål om 2,0 procents inflation tillkom i all hast för litet mer än 20 år sedan

Inflationsmålet skulle inte ha funnits där, om Sverige hade klarat att hålla fast växelkurs.

Johan Schück, DN 2015-05-08

https://englundmacro.blogspot.com/2020/05/weve-now-had-nearly-30-years-of.html