Silver lining to the inflation curse

When members of the Federal Open Market Committee (FOMC) express vastly divergent views in their deliberations, it is quite a challenge for the chair to maintain consensus while making the right decision. The quandary of central banks is understandable.

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Silver lining to the inflation curse | Acuity Knowledge Partners
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Silver lining to the inflation curse | Acuity Knowledge Partners

Amidst a nascent rebound in 2021, the initial reaction was to label inflation “transitory” and continue with loose monetary policies.