Bernoth, Kerstin; Fratzscher, Marcel; König, Philipp; … - In: DIW Wochenbericht 81 (2014) 37, pp. 856-867
, inflation in the euro area remains extremely weak. Furthermore, as the present Wochenbericht clearly demonstrates, the inflation … expectations in the euro area are no longer firmly anchored. Expectations are becoming increasingly decoupled from the ECB …’s inflation target which, in turn, augments the risk of the euro area sliding into deflation. In June, the Central Bank introduced …