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This study examines whether central banks can combat inflation that is caused by rising energy prices. By using a high …
Persistent link: https://www.econbiz.de/10014230113
this policy strategy could have largely prevented the post-pandemic inflation episode. …
Persistent link: https://www.econbiz.de/10014632303
This study examines whether central banks can combat inflation that is caused by rising energy prices. By using a high …
Persistent link: https://www.econbiz.de/10014291011
this policy strategy could have largely prevented the post-pandemic inflation episode. …
Persistent link: https://www.econbiz.de/10014635077
February 2022. The resulting consumer price inflation is forcing the European Central Bank (ECB) to act in accordance with its …
Persistent link: https://www.econbiz.de/10014235028
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 …
Persistent link: https://www.econbiz.de/10013256317
The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand- and supply-side constraints which led to the formation of a monetary overhang that will be unfrozen once the pandemic ends. Monetary policy must take this effect into...
Persistent link: https://www.econbiz.de/10012592174
The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on Russian oil depressed prices even further; and on top of...
Persistent link: https://www.econbiz.de/10015065596
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 …
Persistent link: https://www.econbiz.de/10013373857
We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy … rules to minimize both inflation variability and business cycle fluctuations in Canada for shocks that have important … persistent cost-push pressures in the economy leading to a significant deterioration in the inflation - output gap trade …
Persistent link: https://www.econbiz.de/10009546871