{"id":8987,"date":"2022-08-04T10:08:22","date_gmt":"2022-08-04T10:08:22","guid":{"rendered":"https:\/\/gfk-cfs.de\/?p=8987"},"modified":"2022-08-04T10:08:22","modified_gmt":"2022-08-04T10:08:22","slug":"the-craft-of-central-banking-at-a-crossroads","status":"publish","type":"post","link":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2022\/the-craft-of-central-banking-at-a-crossroads\/","title":{"rendered":"The craft of Central Banking at a crossroads"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1352px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>Central Banks are faced with an existential crisis. After doing their fair share to save the world from a protracted crisis, they are now faced with a new challenge: acting strong to show credibility when they know most of the inflation shock is supply-driven and imported. Do they have to hike the world into recession to regain some credibility? What options do the Fed and the ECB have? Where do we stand on the Faustian Pact between monetary and fiscal policies after \u201cThe Great intervention\u201d?<\/p>\n<p>Link to presentation <a href=\"https:\/\/gfk-cfs.de\/media\/20220511CFS-Lecture_Subran.pdf\">&gt;&gt;&gt;<\/a><br \/>\nEvent on <a href=\"https:\/\/www.youtube.com\/watch?v=QelpwFdx3n0&amp;feature=youtu.be\">Youtube<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[139],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The craft of Central Banking at a crossroads - Center for Financial Studies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2022\/the-craft-of-central-banking-at-a-crossroads\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The craft of Central Banking at a crossroads - 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