The Bank has a clear policy to introduce mild inflation as a response to the possibility of deflation.
Current and former Fed officials say that even mild inflation exacts a high cost.
Stocks and bonds usually tend to benefit from mild inflation.
The dollar jumped higher against major currencies, responding to continued signs of mild inflation.
Today's reports fit a pattern of moderate economic growth with mild inflation.
The mild inflation after 1895 was attributed to the increase in gold supply that had been occurring for decades.
By the end of the 19th century, the deflation ended and turned to mild inflation.
Anything other than mild or moderate inflation is generally accepted in economics to be a bad thing.
In the past, the bond market has often rallied on such reports, with their portents of continued mild inflation.
Whisper it but part of the policy solution chose by Britain is mild inflation.