We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Tilting at windmills

30 September 2020 By Swaha Pattanaik

President Christine Lagarde outlined several ways the central bank’s strategy might adapt to a world where prices rise too slowly, not too fast. For all its merits, the exercise assumes rate-setters have full control over inflation. The past decade shows they don’t.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)