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Lessons for monetary policy from the latest inflationary-disinflationary episode

60 min • 1 maj 2024
Contributor(s): Pablo Hernández de Cos | In the last few years, central banks across the globe have faced a formidable surge in inflation, stemming from a succession of supply and demand shocks. In response, they have embarked on an extraordinarily sharp monetary policy tightening cycle. Governor Hernández de Cos looks at the lessons learned. 
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