Not necessarily. With these things there is usually a big belief aggregation going on (some central bankers think this, some that), and we end up with a silly c

Not necessarily. With these things there is usually a big belief aggregation going on (some central bankers think this, some that), and we end up with a silly compromise. See Japan, see all the idiotic austerity programs. So it is very possible that the central bank is not doing enough.