Commentary: The inflation struggle is over. Just don’t tell anyone
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IMF projections suggest rapid price increases are yesterday’s problem, but central banks are not embracing the win, says Daniel Moss for Bloomberg Opinion. SINGAPORE: Even with inflation well and truly on the way down after the most aggressive interest rate tightening in a generation, central banks are averse to declarations of victory. That the pace of price increases has been reined in without a major economic downturn is an accomplishment that warrants some trumpeting. While new forecasts
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