to revisit the ECB's balance sheet policy. With inflation running above target, the monetary accommodation provided by …'s balance sheet policy. With inflation running above target, the monetary accommodation provided by the ECB's bond holding is no …

inflation has fallen sharply recently after reaching record high levels, core inflation is proving more persistent. As tight … financial conditions restrain demand and supply shocks dissipate further, inflation is set to decline further but is expected to … inflation and hurt growth. On the upside, the economy could again prove more resilient than expected, especially amid a still …

This paper provides model-based projections of inflation, and quantifies the impact of the factors that determine … inflation. The reasons behind the poor labor market performance in Greece and the remedial policies are discussed. The new …

This Selected Issues paper looks at short-term inflation dynamics in the new member states (NMS) of the European Union …, focusing on the role of monetary policy regimes. It models the determinants of inflation in the NMS and assesses how different … of NMS, evaluates their role in reducing inflation, and identifies some of their distinctive characteristics. The paper …

with inflation and inflation targeting. It examines several institutional aspects of inflation targeting and compares … Israel with other emerging market regimes. Various procedural issues associated with implementing an inflation …