The Tell: Pandemics typically lead to inflation receding, new research finds

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MarketWatch– “Central bankers sit atop a perch in the economic world that few do, which is why participants in the financial industry pay so much attention to them.”
“Not only can they draw upon their own expertise, but they also have an army of economists advising them, businesses are willing to confide in them, and they have access to the most current research, some of which is unpublished.”

“Bank of England monetary policy committee member Silvana Tenreyro demonstrated that latter point in a speech Wednesday in which she quoted unpublished research on the impact of pandemics on inflation.”
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