and inflation in the member countries. Stress in a country is defined as the difference between the country's actual short …

increasingly bears some risk of accelerating inflation. In any event, there is no risk of outright deflation in Euroland. It is … (monetary targeting) or try to directly adjust monetary policy to (forecasted) inflationary developments (inflation targeting … superiority of inflation targeting because under such circumstances the reliability of inflation forecasts is reduced as well. The …

Economic growth has tumbled across Europe, inflation remains too high, and financial sector risks have materialized …. Taming sticky inflation while avoiding financial stress and a recession will require tighter macroeconomic policies …

Jahr 2000 und 2001. Für das Jahr 2001 wird prognostiziert, dass die Konjunktur an Schwung verlieren wird. Auch die …