The world's central bankers might be attempting the impossible in trying to get business executives, labor unions and households to understand how they are navigating their finances through yet another energy shock. https://www.japantimes.co.jp/business/2026/04/03/economy/central-banks-mood-puzzle/?utm_medium=Social&utm_source=mastodon #business #economy #banks #inflation #iran #economicindicators
Central banks' inflation mood puzzle: more judgment than science

Since the COVID-19 pandemic, central banks have ‌developed new tools to fill gaps in data about behavior, but measuring expectations remains more an art than an exact science.

The Japan Times