Should the ECB Raise Its Inflation Target?

An episode of the The Week That Was in Europe podcast, hosted by Klaus Adam & Dirk Schumacher, titled "Should the ECB Raise Its Inflation Target?" was published on July 6, 2023 and runs 23 minutes.

July 6, 2023 ·23m · The Week That Was in Europe

Summary

Various economic commentators have called for the ECB to raise its inflation objective, but central bankers in the Euro Area are reluctant to engange in a discussion about the target. We discuss both views and add insights from recent academic research about what constitutes an optimal inflation target for the Euro Area.

Episode Description