Hennecke, Peter - In: Intereconomics : review of European economic policy 53 (2018) 6, pp. 333-336
ECB can expect inflation to return to its target, it possibly can accelerate tapering its unconventional monetary policy … conclude that the Phillips Curve has broken down and that the ECB should therefore reconsider its infl ation target. This study … below the ECB’s inflation target. Therefore, a readjustment of the infl ation target seems unjustified. Furthermore, as the …