Tober, Silke - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 102 (2022) 6, pp. 438-441
The sharp revisions in inflation forecasts are not rooted in analytical flaws, overly hesitant ECB policies or model … overheating or excessive wage increases. Provided second-round effects remain muted, the ECB should proceed gradually given the … weak inflation with risks now clearly increasing. In contrast to the United States, the euro area shows no signs of …