Hennecke, Peter - In: Intereconomics : review of European economic policy 56 (2021) 5, pp. 295-298
The ECB updated its monetary policy strategy for the first time in 18 years in July 2021. Therein, the ECB announced that it is willing to accept a transitory period of moderate inflation overshoot in its efforts to push inflation upwards after a long period of undershooting its target. This...
