Will Euro Area Inflation Fall Below the ECB's Target? episode artwork

EPISODE · Nov 1, 2024 · 19 MIN

Will Euro Area Inflation Fall Below the ECB's Target?

from The Week That Was in Europe · host Klaus Adam and Dirk Schumacher

In this episode, we explore the inflation outlook for the Euro Area, honing in on whether medium-term inflation could once again fall short of the ECB's target, as it did before the pandemic. While there’s little evidence in current data to suggest an imminent undershoot—thanks to robust wage growth, persistent service price inflation, and ample room for monetary policy easing—some of these factors may ease in the coming year. This makes it crucial to keep a close eye on potential risks of undershooting.

In this episode, we explore the inflation outlook for the Euro Area, honing in on whether medium-term inflation could once again fall short of the ECB's target, as it did before the pandemic. While there’s little evidence in current data to suggest an imminent undershoot—thanks to robust wage growth, persistent service price inflation, and ample room for monetary policy easing—some of these factors may ease in the coming year. This makes it crucial to keep a close eye on potential risks of undershooting.

NOW PLAYING

Will Euro Area Inflation Fall Below the ECB's Target?

0:00 19:23

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Week That Was in Europe?

This episode is 19 minutes long.

When was this The Week That Was in Europe episode published?

This episode was published on November 1, 2024.

What is this episode about?

In this episode, we explore the inflation outlook for the Euro Area, honing in on whether medium-term inflation could once again fall short of the ECB's target, as it did before the pandemic. While there’s little evidence in current data to suggest...

Can I download this The Week That Was in Europe episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!