of monetary policy, for example, and some central banks also use inflation forecasts as intermediate targets. For the …

reunified Germany. Even if commodity prices stop rising and supply bottlenecks gradually ease, inflation is still likely to be … by higher inflation. In addition, manufacturing firms have an unusually high stock of orders, which will buffer lower … 2023 (winter forecast: 3.3 percent). At 5.8 percent, inflation is likely to be higher this year than ever before in …

-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a … breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years … unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …

Der moderate Aufschwung in Deutschland bleibt intakt, die Inflation verharrt aber deutlich unterhalb des …The moderate economic expansion in Germany is intact but inflation remains markedly below the ECB's inflation target … Inflationsziels der EZB. Die Konjunktur der übrigen Weltwirtschaft gewinnt etwas an Dynamik. Davon profitieren die deutschen Exporte …

Der Aufschwung in Deutschland setzt sich trotz sporadisch aufflammender politischer und wirtschaftlicher Risiken nur … ausgeweitet werden wie im Vorjahr. Rückenwind erhält die robuste Eigendynamik der Konjunktur weiterhin von der stark expansiven … nennenswerte Wachstumsspielräume, die im Prognosezeitraum nicht ausgeschöpft werden. In Deutschland steigt das Bruttoinlandsprodukt …

Depression in the United States. Germany experienced a recovery as fast and strong in the 1930s. What role did inflation … Germany across two different methods: we conduct a narrative study of media sources and estimate inflation expectations from a …A regime shift towards increased inflation expectations is credited with jumpstarting the recovery from the Great …

-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a … breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years … unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …

We have studied the comparative performance of a number of interest rate spreads as predictors of the German inflation … three of the interest rate differentials also foreshadowed the long swings in the German inflation rate remarkably well with …