2 #IMF: And these medium-term expectations generally remain well anchored. That’s an encouraging sign of confidence in central banks’ commitment to #pricestability. #inflation
“Central #banks were granted #independence on the assumption that technocratic management would deliver stable #prices. The last five years have exposed the fragility of that assumption.”
#PriceStability #DNB #ECB
https://www.taxresearch.org.uk/Blog/2026/05/20/central-banks-failed-on-inflation/
Central banks failed on inflation

Central banks claim they defeated inflation by raising interest rates. The evidence suggests otherwise. In this video, I look at seven major economies, including the UK, USA, Eurozone, Canada and Australia, and show why inflation was largely driven by supply shocks, not excess demand. I also explain why inflation was already falling...

Funding the Future
Africa: African Central Bank Governors Hold Maiden Meeting in Accra: [Ghanaian Times] About twenty-four central banks across Africa and other parts of the world are meeting in Accra to discuss strategies and share lessons aimed at promoting price stability and economic growth across African economies. http://newsfeed.facilit8.network/TPBs8b #Africa #EconomicGrowth #CentralBank #Finance #PriceStability
Daly emphasized the Fed's dedication to addressing inflation to alleviate its disproportionate impact on vulnerable communities. #Fed #Daly #Inflation #PriceStability
San Francisco Fed President Mary Daly reiterated the Fed's commitment to achieving price stability, citing rising housing costs as a significant driver of inflation. #Fed #Daly #Inflation #HousingCosts #PriceStability
Williams said he will continue to assess data, the economic outlook, and risks to determine the best path for monetary policy. In his words, echoing astronaut Alan Shepard, they'll assess incoming data until all systems are go. #PriceStability #Fed #NewYork #Williams #inflation #Economy #US
John C. Williams, President and CEO of the Federal Reserve Bank of New York, emphasizes the importance of price stability for economic prosperity. While progress has been made towards the 2% inflation goal, Williams remains committed to fully restoring price stability within a strong economy and labor market. #PriceStability #Fed #NewYork #Williams #inflation #Economy #US
Lessons from the #GreatDepression highlight the importance of sound economic policies and price stability. As we navigate today's economic challenges, let's remember our history. What lessons do you think are most relevant today? #EconomicPolicy #PriceStability

On economic #risks from #biodiversity loss: #ECB Board member Frank Elderson warns that destroying nature will ‘destroy the economy’.
“These physical risks affect supply and therefore they could also affect prices [...] and this is where it could get into the realm of #monetary policy, of #PriceStability and of #inflation.”

Yes indeed.

https://www.ft.com/content/d83602d0-1296-4928-b58a-21cf2a6d2a0f

ECB flags stark economic risks from biodiversity loss

Board member Frank Elderson warns that destroying nature will ‘destroy the economy’

Financial Times