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A global view on economic developments with Gita Gopinath
The ECB Podcast
The Three Uncomfortable Truths About Monetary Policy
You gave a dinner speech here in Cintra, speaking about what you call the three uncomfortable truths about monetary policy. It outlines some of the challenges that you see central banks facing as they contend with high inflation. Things like uncertainty about when inflation will return to target and tensions between central banks' price and financial stability objectives. What do you think these challenges mean concretely for the work of central banks? How will it impact their policymaking?
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