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How central banks got the inflation crisis wrong

Feb 14, 2023
28:16
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1
Introduction
00:00 • 3min
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2
How Does Profit Led Inflation Work?
03:27 • 3min
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3
Fed Vice Chair Brainard: Is the Labor Market Cooling Off?
06:10 • 3min
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4
Is the Fed Overtightening the Profit-Led Inflation?
08:45 • 3min
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5
The European Central Bank and Powell
11:37 • 2min
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6
Is the ECB Going to Continue Raising Rates?
13:43 • 2min
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7
Central Banks Should Be Tightening Policy
15:21 • 3min
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8
Why Is Christine Lagarde So Vociferous?
18:05 • 3min
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9
Is China's Reopening of COVID a Pandemic?
21:02 • 5min
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10
China's Disinflationary Role in the World Economy
25:42 • 3min
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Western policymakers have hiked interest rates by more than 10 percentage points since 2021. Yet prices remain high. In this Exchange podcast, Paul Donovan, chief economist at UBS Global Wealth Management, explains how rate-setters failed and what they should do next.

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