Why Central Banks Commonly Ease up on Inflation Too Soon
These lop-sided public and political pressures commonly cause central banks to ease off on inflation too early. Jarring policy reversals are then needed.
Bryce is a Senior Fellow at The New Zealand Initiative, and also the Director of the Wellington-based economic consultancy firm Capital Economics. Prior to setting this up in 1997 he was a Director of
These lop-sided public and political pressures commonly cause central banks to ease off on inflation too early. Jarring policy reversals are then needed.
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