Morning Edition · Thu 10 Sept 2026
Inflation Persistence and the Policy Reaction Function
Macro indicators that matter when inflation stays above target bands.
Chanan Zevin - Chief Editor and Head of Desks
Published
Framework
Inflation persistence changes the trade-off between growth and price stability.
Observable indicators
CPI/PCE releases, wage growth, and survey-based expectations from national statistical agencies and central banks.
Risks
Misreading base effects or one-off supply shocks as trend inflation.
Disclaimer
This publication is provided for informational and research purposes only and does not constitute financial, investment, legal, or tax advice. Forecasts and market analysis involve uncertainty and should not be treated as guarantees.