According to Jinshi, Goodhart, a founding member of the Bank of England's Monetary Policy Committee, said that due to upward pressure on inflation, long-term interest rates in the UK may stabilize at a level slightly above 4%. Goodhart believes that the low inflation of the past 30 years is an anomaly, and the UK's real neutral interest rate has returned to the historical average since 1800, which is slightly above 2%. Combined with the Bank of England's 2% inflation target, the nominal policy rate will be slightly above 4%. He will also maintain the Bank of England's 2% inflation target unchanged, rejecting calls to raise it to 2.5% to 3%. Bank of England Governor Bailey said last month that he did not expect to return to the "extremely low interest rates" after the 2008 financial crisis, but could not accurately predict where interest rates would fall.