https://br.yahoo.com/finance/news/weidmann-contesta-vis%C3%A3o-bce-sobre-142913772.html
"Quando se espera que a pressão inflacionária diminua --como é o caso hoje--, não faz sentido reagir apertando a política monetária", disse ela. "O aperto não afetaria a economia até que o choque já tivesse passado."
So in other words, Lagarde suggests there is no point in doing the right thing because doing so would not have an immediate impact on things.
The good thing, for me at least, is that there is no need for any practical doing. There is no way to stop the agenda and doing so now is akin to standing in front of a Japanese bullet train. It's moving full speed ahead and it has a set destination and there is nothing anyone can do to stop it. The most that can be done is stay informed so it doesn't catch you by surprise.
BE. READY.
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