[imtringued]

I am honestly unimpressed with the general strategy of central banks to imbalance an economy by only putting inflationary pressure on the supply side. You have to work on both the supply side and the demand side. Doing an excessive amount of supply side stimulus does not reduce the need for demand side stimulus.

This is especially important in an economy where a pandemic has forcefully lowered demand for products and thus potential income for workers. American style stimulus checks are a far better idea, especially when they go to people who truly need them.

The UK pretty much hit its 2% inflation target back in 2019. There is an obvious slump because of the combination of Brexit and the pandemic at the same time but low interest rates alone are not going to save the UK.