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What is meant by a painful path

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Reference no: EM132051577

We cannot afford to take any major risks with inflation. If we let inflation get away on us again, even for just a while, the path back to price stability will be even more painful than it has been during the last few years.

  • What is meant by a painful path?
  • Why would letting inflation get away for only a while require a painful return?

Reference no: EM132051577

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