Bofinger, Peter - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 100 (2020) 11, pp. 825-829
The ECB is discussing how to raise its inflation target slightly to 2 %, just as the US Federal Reserve is raising it … slightly and aiming to achieve it over several years on average. In reality, however, the inflation rate is well below 2 … % despite the very relaxed monetary policy. Will the measures against the corona crisis increase the inflation rate? This did …
