Inflation rates in the euro area have reached historic highs due in large part to high energy prices. As the euro area … is a net importer of energy, one refers to this inflation as imported inflation. There is a danger that these high … inflation rates will become entrenched in inflation expectations. This would not only imply that high inflation rates will …

Whereas strong demand is a key factor driving high inflation in the US, inflation in the Euro Area is mainly due to … prevent second-round effects. Long run inflation expectations — as measured by the survey of professional forecasters — still … seem to be well anchored. The ECB's announced tightening intends to dampen rising household's inflation expectations. Given …

niedriger Inflation auch das Resultat von angebotsseitigen Effekten der Geldpolitik ist. Diese überwiegen, da die Geldpolitik …Die Geldpolitik der Europäischen Zentralbank wird von zwei Seiten kritisiert. Während die eine Seite die geldpolitische … unterhalb des Inflationsziels liegt. Eine Analyse der Angemessenheit dieser Geldpolitik mit einer starken Fokussierung auf das …

The present paper uses survey data on expected consumer price developments to analyse the role of inflation … expectations in the inflation process. The survey measures of price expectations are derived from the European Commission … estimates of the New Keynesian inflation model presented here underscore the importance of inflation expectations for the short …

niedriger Inflation auch das Resultat von angebotsseitigen Effekten der Geldpolitik ist. Diese überwiegen, da die Geldpolitik …Die Geldpolitik der Europäischen Zentralbank wird von zwei Seiten kritisiert. Während die eine Seite die geldpolitische … unterhalb des Inflationsziels liegt. Eine Analyse der Angemessenheit dieser Geldpolitik mit einer starken Fokussierung auf das …

currency might not be as stable as the D-Mark. The D-Mark was one of the two currencies worldwide with the lowest inflation … long periods before and after the introduction of the Euro in 1999. The Euro even had lower average inflation rates … measured in terms of consumer prices in Germany than the D-Mark. Between 1999 and 2020, there was a more favorable inflation …

currency might not be as stable as the D-Mark. The D-Mark was one of the two currencies worldwide with the lowest inflation … long periods before and after the introduction of the Euro in 1999. The Euro even had lower average inflation rates … measured in terms of consumer prices in Germany than the D-Mark. Between 1999 and 2020, there was a more favorable inflation …

Inflation rates in the euro area have reached historic highs due in large part to high energy prices. As the euro area … is a net importer of energy, one refers to this inflation as imported inflation. There is a danger that these high … inflation rates will become entrenched in inflation expectations. This would not only imply that high inflation rates will …