The world’s central banks underestimated inflation last year and are trying to avoid making the same mistake twice by sharply lifting inflation forecasts and penciling in further interest-rate increases among other actions.

The world’s central banks underestimated inflation last year and are trying to avoid making the same mistake twice by sharply lifting inflation forecasts and penciling in further interest-rate increases among other actions. https://ift.tt/R4qdCGe