Schrooten, Mechthild - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 102 (2022) 6, pp. 442-444
Monetary policy currently has only limited room for manoeuvre to fight inflation. Structural supply problems, war and past omissions are having an impact. Inflation is hitting those hardest who cannot pass on the price increase. There is no evidence of a wage-price spiral in Germany at present....