The risk of a higher inflation era requires strong and decisive action - Interest.co.nz

Agustín Carstens of the Bank for international Settlements warns a new era of persistently high inflation may be upon us, saying the lessons of the 1970s must be heeded

By Agustín Carstens* Inflation is back. And it is threatening to stay. Only continued strong and decisive action by central banks can prevent risk from becoming reality. After years of undershootin… [+4333 chars]

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