Thank you for googling that information. Perhaps next time, listen to the view and expressions on Mark Carney and Andrew bailey.

Iirc, Europe (UK and the EU) have been doing this since the 2008 finance crash. The bank of England had the target of <1% interest rates and ~3% inflation rate.

The EU were even more fucked up with negative interest. Most EU countries were operating a 0% intrest or less.