The Business Times

Pascal Blanqué

CHAIRMAN, AMUNDI INSTITUTE

The only way to unwind rising price spirals without a serious contraction in policy is for inflation to retreat on its own, which comes down to chance or a “magical disappearance”.

Only a new policy regime can stop rampant inflation, but don’t count on it yet

CENTRAL banks’ assumption that expansionary monetary and fiscal policies could coexist with low inflation has been shattered. Inflation has accelerated and is...

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