The fragile triangle. Price stability, bank regulation and central bank reserves

For the first time in a generation, economists are worried about inflation risks in advanced economies. Hans Gersbach argues that the risk to price stability is higher than we assume. The reason: end of tightening bank regulation and massively increased central bank reserves.

Read more about the research discussed: 

Hans Gersbach, The fragile triangle: Price stability, bank regulation and central bank reserves, CEPR Policy Insight No 112