evidence for harmful effects of inflation on growth, seemingly refuting the many theories purporting the contrary. Have the … costs of inflation been exaggerated in the past? Is inflation in fact essentially harmless? …

After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by … global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise … monetary policy tightening, inflation upside risks are large. How can central banks restore control – and with it their own …

into the greatest difficulties. While the rates of inflation are escalating in almost all countries, it is becoming …

inflation have an impact on economic growth. They may intensify or compensate for positive and negative relations between … inflation and economic growth. …