The risk of high inflation becoming entrenched in expectations is high, says Executive Board member @Isabel_Schnabel at @KansasCityFed’s #JacksonHole2022. To reduce this risk, central banks must act forcefully to bring inflation back to target quickly https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220827~93f7d07535.en.html

🐦🔗: https://nitter.eu/ecb/status/1563574840350879745