Treasury & Capital Markets / Viewpoint
The mismanagement of inflation expectations
The leading central banks appear to have lost control of consumers’ inflation expectations, and the costs could be high. If wage increases accelerate over the next quarter, monetary policymakers will be obliged to respond firmly by raising interest rates sharply, or else lose even more credibility
Howard Davies 28 Jan 2022
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Nguyen Ngoc Anh
Nguyen Ngoc Anh
managing director and head of investment banking
SSI Securities Corporation
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Scott Engle
group treasurer
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