Navigating disinflation: Views from 400 economists
: Ambrocio Gene, Ferrero Andrea, Jokivuolle Esa, Ristolainen Kim
Publisher: CEPR
: 2023
: Voxeu.org
: 24.4.2023
: https://cepr.org/voxeu/columns/navigating-disinflation-views-400-economists
Since the summer of 2021, inflation rates have climbed nearly everywhere, leading to debates about the speed with which central banks should disinflate their economies. This column collects views from a global survey of researchers in economics and finance on issues of monetary policy – including the preferred pace of disinflation – and finds that the median euro area respondent prefers a slower speed of disinflation than their US counterpart. Regarding the risks to inflation and monetary policy, very few respondents in the December 2022 survey flagged risks to the banking sector.