Even super-tight policy is not bringing down inflation

 There are lags, sometimes long ones, between tighter monetary policy and lower inflation. 

You would be brave to bet that Hikelandia’s inflation will soon be anywhere near central banks’ targets, even if conditions begin to improve.

The Economist 23 October 2022 

https://www.economist.com/finance-and-economics/2022/10/23/even-super-tight-policy-is-not-bringing-down-inflation


BIS: Leading economies are close to “tipping” into a high-inflation world...

https://englundmacro.blogspot.com/2022/06/bis-leading-economies-are-close-to.html


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