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Inflation, monetary policy and inequalities. Some thoughts

· Ignazio Visco, Governor of the Banca d'Italia (Italy)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, technology, ai and cyber risk

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· Ignazio Visco Wiki · Banca d'Italia WikiInflation, monetary policy and inequalities. Some thoughts

ContextSpeech at the IARIW-Bank of Italy conference on central banks, financial markets and inequality; the Bank of Italy safeguards price stability and studies how inflation affects inequality.

Why it mattersVisco examines how inflation and monetary policy affect inequality.

Problems raised
  1. Inflation affects inequality.
  2. Monetary policy has distributional effects.
  3. Measuring inequality is hard.
Solutions proposed
  1. Study links between monetary policy and inequality.
  2. Improve survey data.
  3. Keep inflation low to protect the poor.
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