https://blog.metalpilot.com/tags/inflation/ Recent content in Inflation on Metal Pilot Blog Hugo en Copyright © 2026, Metal Pilot Tue, 25 Aug 2026 17:00:00 +0200 https://blog.metalpilot.com/guides/central-banks-intervention-inflation/ Tue, 25 Aug 2026 17:00:00 +0200 https://blog.metalpilot.com/guides/central-banks-intervention-inflation/ <blockquote> <p><strong>Framework evergreen; figures dated. Data as of August 2026.</strong> How a central bank works and how QE transmits are durable and read that way here. Every <em>figure</em> is a dated benchmark from the source named beneath its table — re-source before reuse. Balance-sheet-to-GDP ratios are approximate and flagged; QE programme sizes are headline totals. Informational only, not investment advice; AI-assisted and human-reviewed (see Section 14). Update cadence: annual.</p> </blockquote> <p>The first guide in this series explained why governments run deficits; the second, how they borrow. This one covers the institution that sits above both — the <strong>central bank</strong>. Since 2008, central banks have moved from quiet rate-setters to the most powerful actors in the economy, printing trillions to buy bonds and, in 2022, slamming the brakes as inflation returned for the first time in forty years. This guide explains what a central bank actually controls, who runs it, and each of its powers in turn — from setting interest rates to <strong>quantitative easing</strong> — alongside the record of rates and balance sheets across the major economies since 1995. It is the free primer; for the company- and project-level data these policy regimes ultimately move, that is what <strong><a href="https://metalpilot.com/from/blog" target="_blank" rel="noopener noreferrer">Metal Pilot</a> </strong> is for.</p>