Central banks must accept the “uncomfortable truth”

 that they may have to tolerate a longer period of inflation above their 2 per cent target in order to avert a financial crisis the deputy head of the IMF Gita Gopinath told the European Central Bank’s annual conference in Sintra

FT 27 June 2023

https://www.ft.com/content/7d3276bb-8ef8-444c-8356-2792a6f58a24