Bernoth, Kerstin; Fratzscher, Marcel - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 102 (2022) 6, pp. 423-425
It seems clear that the ECB will raise interest rates in July 2022 and end its asset purchase program. This should send … a strong and important signal to markets and economic players that the ECB continues to take its mandate for price … extremely high. The ECB therefore finds itself in a difficult dilemma: It must take decisive action against high inflation, but …