Inflation offers route to unconventional policy exit

Exit signs

The current escalation in inflation poses a deep problem for central bankers, who have become accustomed to plaudits, rather than brickbats, over the past quarter of a century. Indeed, such has been their dominance that they have in many parts of the world been ‘the only game in town’ when it comes to domestic reform and political stability.

The re-emergence of inflation also poses a critical set of questions for two systematically important central banks, the US Federal Reserve and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.