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Introduction -- Chapter 1: Back to the future – The return of inflation in the 2020s -- Chapter 2: Fundamentals – A … primer on what drives inflation -- Chapter 3: The US – Pandemic recovery and fiscal bazooka -- Chapter 4: Europe – Same, same …, Europe, and Asia -- Chapter 7: The inflation debate: The view from a central banker vs. a market practitioner -- Chapter 8 …
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The Spanish economy is recovering from the deep recession caused by the COVID pandemic and employment is already above its pre-pandemic level. A highly successful vaccination campaign helped limit the impact of the recent wave of infections on hospitalizations and economic activity. Output is...
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a while. However, inflation-despite increasing significantly in recent months due to transitory factors-is projected to … moderate during 2022 and remain below the ECB's inflation target over the medium term. Uncertainty surrounding the outlook …
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Uruguay entered the pandemic with solid institutions and social cohesion but growing macroeconomic imbalances-especially slow economic growth and weak public finances-as the end of the last commodity price boom in 2014 uncovered structural weaknesses. A new government came to power in March 2020...
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Armenia has commenced a robust recovery from the deep 2020 recession, benefiting from strong policies and the lifting of the political uncertainty after the elections in June. A gradual but uneven improvement in the pandemic situation, pent-up demand, and the strengthening of public and private...
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