Central banks talk tough on inflation after 2021-22 lessons: EFG Bank

Stefan Gerlach, Chief Economist at EFG Bank, tells CNBC that central banks are still haunted by the inflationary shocks of 2021 to 2022. With several of Europe's central banks meeting today, including the ECB and Bank of England, Gerlach says officials will be going out of their way to signal that they ready to tackle any renewed price pressure resulting from the war in Iran and potential energy shocks.