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Is inflation out of control?
The Inquiry
The Importance of a Tightening of the Belt
Carston says this rewiring of many economies may turn out to be permanent. Rebuilding these supply change from scratch means more costs, more delivery times and a longer adjustment process. Pierre livier granchar thinks that in the past few months the outlook for price rises has become significantly worse. The job of central banks now is not just whether to increase the cost of borrowing to control inflation, but also to manage the expectations of consumers.
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