Central Bank Strategies
Vítor discusses the potential shift towards averaging inflation targeting, emphasizing its role in managing post-COVID economic recovery. He highlights that central banks may adopt a high-pressure economy approach to address unemployment scars, suggesting that this could lead to a broader acceptance of inflation in the immediate aftermath of the crisis. The conversation reveals how academic ideas and real-world events shape central banking policies over time.In this clip
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The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took
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