The UK economy remains stuck between weak growth on the one hand and the risk of persistently high inflation on the …

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 …

Roughly two years into the economic recovery from the COVID-19 crisis, the topic of elevated inflation dominates the … inflation is not centrally demand driven; rather dynamics at the micro-level are playing a much more central role in driving the …

der EZB in eine Spirale aus hoher Arbeitslosigkeit, niedriger Inflation und steigender realer Schuldenlast trieb. Die USA … "Quantitative Easing" auf sich alleine gestellt nicht in der Lage, die anhaltend hohe Arbeitslosigkeit und die zu niedrige Inflation … high unemployment, low inflation and increases in the real debt burden. The US and the UK pursued a more expansionary mix …