Fight against inflation is not over yet – BoK research

Authors call for holistic assessment of rising prices, despite encouraging signs in major economies

Seoul, South Korea

Inflation is slowing down in major economies but the “last-mile risk” remains, according to researchers from South Korea’s central bank.

In their research note, economists at the Bank of Korea write that central bankers can sometimes mistake temporary disinflation for a transition towards sustained low inflation.

To better understand the current state of affairs, the researchers examined six major economies since the 1960s to identify the key markers of a successful transition from high to low

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