Darracq Pariès, Matthieu; Kornprobst, Antoine; … - 2024
differ in their "lower-for-longer" commitment as well as policymaker preferences regarding inflation and output volatility … strategies would call for anticipated timing of the start of the hiking cycle: earlier tightening would prevent inflation from … peaking at 10%, but the forceful tightening since 2022:Q3 prevented higher inflation from becoming entrenched. However, once …