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Failure to spot inflation dents central banks’ credibility
未能预见到通胀损害了央行的信誉

Mistakes in forecasting the severity of price pressures lead to soul-searching among rate setters
在预测价格压力严重性方面的失误,导致利率制定者纷纷进行反思。

The Bank of England is holding a “Festival of Mistakes” this week, celebrating lessons learnt from financial disasters of the distant past. Some would argue that they, and their counterparts at other central banks, should focus on more recent errors.

英国央行(Bank of England)本周将举办“错误节”,庆祝从久远的金融灾难中吸取的教训。不过有人可能会说,英国央行和它的同行们应该关注最近的错误。

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