Haunted as we often are by an essential dilemma that Nobel Laureate Saul Bellow had once posed, “can we ever forget about remembering?”, for many of us Archives also allow the pursuit of our “incurable thirst for the sense of escape” from the immediacy of the present.
It would be counterproductive and would simply destabilize both inflation and real economic activity. For this reason, many central banks use core inflation measures, which are designed to help filter transitory deviations from CPI inflation and therefore serve as a useful operational guide for policy.