Should-Read: Alan Beattie: As they unwind QE, central banks must come clean about inflation: “The Fed has tightened policy and the BoE is now prefiguring a rise. Neither can point at serious signs of inflationary pressure… https://www.ft.com/content/a5dbddfa-9ebe-11e7-9a86-4d5a475ba4c5 …Both are working on the idea that traditional relationships between inflation and measures such as growth and employment … Continue reading Should-Read: Alan Beattie: As they unwind QE, central banks must come clean about inflation