If workers and firms believe that the inflation target will be hit, then short-term inflationary shocks, such as the recent jolt to energy prices, will be absorbed rather than setting off a wage and price spiral.

• 如果工人和公司相信通货膨胀目标可以实现，那么人们将会关注如近期能源价格波动这类的通货膨胀影响，而不会产生工资水平和价格水平螺旋上升的现象。