Should central banks adapt to a changing economy?
Should we change the inflation target? If inflation is permanently higher and for an extended period, central banks will quickly feel cramped with a 2% target. The economy changes radically…
A dynamic and cyclical approach to the global economy
Should we change the inflation target? If inflation is permanently higher and for an extended period, central banks will quickly feel cramped with a 2% target. The economy changes radically…
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