Since it moved to unlimited fixed-rate funding, the central bank has been content to allow the overnight rate to drift much lower than the policy rate.

ECONOMIST: Appraising the European Central Bank

Moreover, we should see the unemployment rate continue to drift down.

FORBES: More Thoughts on Economic Direction

'We don't intend to drift back to anything which seeks to manipulate our exchange rate, ' he said.

BBC: Australian dollar's rise creates dilemma for economy

The fiasco of Britain's ejection from the exchange-rate mechanism added an impression of incompetence to the impression of drift.

ECONOMIST: Memoirs are made of this

It hopes to bring the inflation rate to 2% and put to an end to a downward drift in consumer prices that has persisted for 14 years, undermining business and consumer confidence in the world's third largest economy.

CNN: OECD: End nears for Japan's deflationary spiral