Central Banks should not be inflation nutters

This is the title of a paper by several people on this subject.

To my mind Central Banks ,like government with fiscal policy, should be highly nuanced.

The recoveries following the GFC should have neither been traditional nor particularly strong. Wages growth is very anemic.
Under such circumstances it would not matter, indeed it could be beneficial to an economy, if the inflation target is temporarily breached.

If there is one clear lesson for Central banks from the GFC it is whilst they can reduce inflation with ease they cannot do the opposite when needed.