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Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012230450
volume, an early exit, and a faster exit from the program on output and inflation in the euro area. Model simulations showed … that economic growth and inflation rates would decrease in all three scenarios. However, the effects of the scenario with … particular, an early exit from the program should significantly affect inflation rates, an effect that the European Central Bank …
Persistent link: https://www.econbiz.de/10011750746
policy impacts inflation and real economic developments in China. The results indicate that the conduct of monetary policy in … aims to hit an inflation target by simply controlling the target interest rate. First, China's monetary policy toolkit is …
Persistent link: https://www.econbiz.de/10012148910
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regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is … putting us at high risk of both near- and long-term inflation--and a potentially very serious disruption. It's not about a … conspiracy surrounding inflation reporting; it's about the tentative agreement we all carry that lends money its value. This …
Persistent link: https://www.econbiz.de/10011536445
Persistent link: https://www.econbiz.de/10013166225
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012835734
Persistent link: https://www.econbiz.de/10012205625
Persistent link: https://www.econbiz.de/10014341031