Central banks, after blowing the inflation call, piled into rate hikes to save their credibility but neglected to assess the lag effects along the way and now some of these are blowing up in everybody’s face. Well done. Again.

Lawrence Lepard @LawrenceLepard · Mar 15, 2023

Thoughtful thread by Sven. 👇

Tweet Mar 15, 2023

by Sven Henrich

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