A few articles - Swiss franc, balancing the UK budget, ditching inflation targets

Swiss franc is a sideshow, it's the euro that matters

Will politicians really balance the budget?


This is a really interesting read for A2 students wanting solid extension material for the inflation/deflation debate; it argues that rather than a flat 2% target, regardless of economic conditions, an "average" rate (a bit like the balance of payments) should be the target. Higher inflation that does not stem from damaging excess demand should be tolerated, as should deflation from benign sources. If you do get an inflation/deflation question in the exam there is material here to extend your answer and garner marks:

BoE should drop its inflation target