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Persistent link: https://www.econbiz.de/10001521369
strong argument for a positive inflation buffer to “grease the wheels” of the euro area economy – also in order to avoid the …
Persistent link: https://www.econbiz.de/10012650859
From 2013 up to the launch of the ECB’s strategy review in January 2020, inflation in the euro area was low and over-predicted. This low inflation during the years 2013-19 can be attributed to a combination of interconnected factors. Cyclical developments account for a substantial share of the...
Persistent link: https://www.econbiz.de/10012650860