* * * “What we don’t want and what we’re not aiming for, never, not even centuries from now, is political emancipation and equality for women.” Of course, these aren’t my words. They were written in 1866 by Adolf Lette, a politician.
Instead, it makes sense to bring inflation back under control over the medium term, that is, the next two years or so, by raising rates steadily to the point where the bank thinks it would be enough to bring inflation back within the target range.