%A Ranjit K Pattnaik,Jagdish Rattanani
%T The misnomer of low inflation
%! The misnomer of low inflation
%X It is not inflation control per se which is important but the anchoring of inflation expectations when it comes to public policy in general and monetary policy in particular. Inflation expectation is currently at a high level. The inflation expectation is mostly based on market behaviour of prices.
%U https://www.thebillionpress.org/columns/economy/misnomer-low-inflation-1162