Articles by G V Nadhanael

Taming Inflation by Anchoring Inflation Expectations

Vol. 58, Issue No. 22, 03 Jun, 2023

Sitikantha Pattanaik, G V Nadhanael, Silu Muduli

By firmly anchoring inflation expectations, monetary policy can prevent a wage-price spiral and moderate the second-round effects of supply shocks, thereby avoiding an inferior macroeconomic outcome of lower growth and higher inflation.

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