Loading...
Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's Ahead ® including webcasts, publications, data and analysis, plus discounts to conferences and events.
17 March 2023 / Report
Email
Linkedin
Facebook
X
Copy LinkCentral banks are engaged in a rough and tumble war against elevated inflation. Emerging markets entered the battle first with tighter monetary policy, and advanced/mature economies soon followed. While global inflation gauges appear to have peaked, they remain sticky, and it is not clear when key measures of consumer price inflation will fall back to their respective targets. Hence, central banks continue to tighten.
While central banks may ultimately achieve their goal of vanquishing inflation, to do so may mean keeping interest rates higher than recent decades’ norms. There is also the risk that policymakers will struggle to maintain those targets unless corporations and governments work together to lean against current and future structural drivers of inflation.
Central banks are engaged in a rough and tumble war against elevated inflation. Emerging markets entered the battle first with tighter monetary policy, and advanced/mature economies soon followed. While global inflation gauges appear to have peaked, they remain sticky, and it is not clear when key measures of consumer price inflation will fall back to their respective targets. Hence, central banks continue to tighten.
While central banks may ultimately achieve their goal of vanquishing inflation, to do so may mean keeping interest rates higher than recent decades’ norms. There is also the risk that policymakers will struggle to maintain those targets unless corporations and governments work together to lean against current and future structural drivers of inflation.
Chief Economist and Leader, Economy, Strategy & Fi…
The Conference Board
myTCB® Members get exclusive access to webcasts, publications, data and analysis, plus discounts to events.
You already have an account with The Conference Board.
Please try to login in with your email or click here if you have forgotten your password.
Plugged In or Power Outage? Corporate Risk in US Grid Capacity
September 24, 2025
.png)
