Christine Lagarde: “I see signs that the attraction of the dollar is slightly eroded.”

The basics have not changed. But what it takes to apply them has changed.

I think we would do exactly the same thing as our colleague Jay Powell does.

I've come to understand that the revolver needs to be at the temple of the politician with a finger on the trigger before they're willing to say no to anyone.

We can now focus on stabilising inflation with policy rates as our primary tool.