Marek Belka quote

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.
Marek Belka
Marek Belka
Marek Belka
Born: Jan 9, 1952

Topics

Inflation, Important, Embedded, About, Direction, More, Magnitude, Factors, Supply, Course, Shock, Probability, Sustainable, Pace, Translating, Many, Function, Including, Set

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Adam Smith, Alan Greenspan, E. F. Schumacher, John Kenneth Galbraith, John Maynard Keynes, Milton Friedman, Paul A. Volcker, Thomas Sowell
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