Where inflation rates rose above central bankers' targets, as in Britain, or below them, as in Japan, expectations of future rates still stayed close to the targets.
The number that we want to get at, the true average here, should be whatever that experimental mean approaches as you do more and more tosses approaching infinitely many.
Unsurprisingly, the result has been a generalized and quite indiscriminate hit to asset prices from stocks to gold, with most correlations converging to one for now.
And today we are learning English with an interview with Emma where she discusses her British accent and how it sometimes edges towards American English.