Central banks victims of their own inflation-fighting success
The public's support for central banks' price-stability mandates could erode over time due to their own success in taming inflation, new research from the European Central Bank reveals.
The research suggests that the longer central banks have successfully delivered price stability, the more important it is for them to engage in pro-active communication, especially with the younger generations, about the merits of low and stable inflation.
The research uses a database covering over 52,000 survey
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