EPISODE · Jan 27, 2023 · 19 MIN
How Much ECB Tightening is Needed to Get Inflation Under Control?
from The Week That Was in Europe · host Klaus Adam & Dirk Schumacher
Policy rates have increased by 2,5% already since the summer of 2022, but how much more is needed to get Euro Area inflation back to 2%? We discuss: the inflationary situation in Europe, the main aspects of historical inflation surges, and simple calculations that provide a perspective on the required amount of tightening.
What this episode covers
Policy rates have increased by 2,5% already since the summer of 2022, but how much more is needed to get Euro Area inflation back to 2%? We discuss: the inflationary situation in Europe, the main aspects of historical inflation surges, and simple calculations that provide a perspective on the required amount of tightening.
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How Much ECB Tightening is Needed to Get Inflation Under Control?
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