In recent years the world's two largest inflation-targeting central banks - the US Federal Reserve (the Fed) and the …, both revisions quickly became antiquated when inflation started to rise again in the wake of the pandemic. The change in … macroeconomic context (from stubbornly low inflation to persistent higher inflation) led both central banks to advocate 'policy …

die Rückkehr zu symmetrischen Regeln in der Geld- und Finanzpolitik gefordert. …

adamant about preventing a rise in inflation? The large fiscal imbalance brings about inflationary pressures, triggering a … spiral of higher inflation, output contraction, and further debt accumulation. A coordinated commitment to inflate away the …

to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …

case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … even contribute to reaching the inflation target and prevent deflation. However, deficiencies of the European institutional …

Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …

macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …

view of inflation. Second, we discuss how the recent inflationary episode has contributed to redistributing real resources …