Last year as inflation soared, global central bankers were the ire of many and received much, deserved, criticism. Monetary policy was far too loose for too long and that helped ignite the out-of-control inflationary environment. The scrutiny of their every decision, public statements and private utterances adds to a central bank governor’s policy challenges. Just ask Philip Lowe about his lunch diary drama. While music acts are returning to Australia, we have, thankfully, yet to confirm the inevitable recession coming onshore. In fact, so far 2023 has seen a risk-on rally fuelled by moderating inflation indicators, unemployment staying low while…