Mazzochi, Ronny (contributor); Loi, Giacomo (contributor); … - European Parliament / Directorate-General for Economy, … - 2025
The euro area experienced an unprecedented surge of inflation in 2021 and 2022 followed by a decline in 2023 and 2024. The ECB raised policy rates too late. Simple rules would have prescribed an earlier response. The policy easing since summer 2024, however, is quite in line with such rules....
