Sitikantha Pattanaik creator G V Nadhanael creator Silu Muduli creator text monographic eng ENG

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pp. 33-41

By firmly anchoring inflation expectations, monetary policy can prevent a wage-price spiral and moderate the second-round effects of supply shocks, thereby avoiding an inferior macroeconomic outcome of lower growth and higher inflation. Banking Finance Money Inflation expectations Inflation Expectation Anchoring Index Monetary policy https://www.epw.in/journal/2023/22/money-banking-and-finance/taming-inflation-anchoring-inflation-expectations.html https://www.epw.in/journal/2023/22/money-banking-and-finance/taming-inflation-anchoring-inflation-expectations.html 230615 20230615144704.0