Central Bank Pledge to Fight Inflation

6/30/2022

https://www.ft.com/content/23c3a3a7-b2da-412c-8050-bdad986fde21
Central Banks and the Fight to Curb Inflation
European and US central banks have jointly stated that fighting inflation is their top priority and they will follow a high-interest rate and tight monetary policy, partly in recognition that they overshot their long-lasting easy money policy. However, it is easy to state a policy but may be difficult to follow, especially if the economies go into a dive. Based on their past record of accomplishment it is possible that the banks will cave and compromise on their strategy

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