Recent discussions highlighted by various sources, including an article from the Financial Times, have focused on the reluctance of central banks to declare victory over inflation. The Organisation for Economic Co-operation and Development (OECD) has advised that it is too soon for central banks to relax their efforts against inflation. The OECD recommends that monetary policy should remain restrictive for some time to ensure that inflation is kept in check. Despite some progress, inflation rates remain well above the ideal 0% price stability level, prompting a cautious approach from financial institutions like the ECB, Federal Reserve, and Bank of England.
Too soon to cry victory on inflation, OECD tells central banks https://t.co/JHm9m2QYH7 via @WHorobin https://t.co/AF9DYJN5xE
The world’s major central banks mustn’t drop their guard in the fight against inflation, the OECD says https://t.co/tgQlNQ8ijg
The world’s major central banks mustn’t drop their guard in the fight against inflation, the OECD says https://t.co/28Jawnt77F
🔴 OECD: MONETARY POLICY SHOULD REMAIN RESTRICTIVE FOR SOME TIME.
Why central banks are reluctant to declare victory over inflation via @FT https://t.co/hDHulFIeCs
Because inflation is well above the actual 0% price stability level Why central banks are reluctant to declare victory over inflation https://t.co/6E7QLfVpF1
From the @FT article on "Why central banks are reluctant to declare victory over inflation" by @Sam1Fleming, @senoj_erialc and @MAmdorsky. (The link to the article: https://t.co/73sTuQx1Gy ) #economy #centralbanks #markets #inflation #econtwitter #ECB #Federalreserve #BoE https://t.co/gksbX8d8wO