Shin, H. S.economy (Seite), Central banks new world speech delivered on 30emerged June 2020. as the global recovers fromand thethe pandemic crisis.of payments, [10] Supply-side bottlenecks have  g  y  p  pp y  g  in global and commodity prices transport costs pickedon up7sharply. 18. King, industry, M., Monetary policy: Theory in and practice, speech delivered January 2000.
This is why central banks should not just be on the lookout for deflationary risks. In my view, it is important that our monetary policy is not skewed in either direction.