What Adrian Orr learned at Jackson Hole
Reserve Bank Governor Adrian Orr says central bankers see signs Covid and war have lifted inflation and interest rates more permanently; he says they're determined to get on top of inflation
TLDR: Reserve Bank Governor Adrian Orr learned at the Jackson Hole shindig for central bankers last weekend there are increasing signs the disruptions from Covid and the war in Ukraine are pumping extra inflation into the global economy in a more permanent way that central bankers are serious about getting on top of.
Orr told me about his impressions fr…
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