Artikel

The Political and Technical Aspects of Controlling Inflation

After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise. Price pressures are now increasingly broadening to housing and other services, amplified by wages adjustments. Despite monetary policy tightening, inflation upside risks are large. How can central banks restore control - and with it their own credibility? With the economy weakening and the risk of recession rising, how far should monetary policy tightening go? Featuring contributions from participants in the CEPS 2023 Ideas Lab session on inflation, this Forum examines the options for central banks, the obstacles in their paths and the best course of action.

Sprache
Englisch

Erschienen in
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 58 ; Year: 2023 ; Issue: 3 ; Pages: 133-135

Klassifikation
Wirtschaft
Monetary Policy
Central Banks and Their Policies
Thema
inflation
anti-inflation
central bank
monetary policy
EU countries
Inflation
Inflationsbekämpfung
Zentralbank
Geldpolitik
EU-Staaten
Welt

Ereignis
Geistige Schöpfung
(wer)
Gros, Daniel
Ereignis
Veröffentlichung
(wer)
Sciendo
(wo)
Warsaw
(wann)
2023

DOI
doi:10.2478/ie-2023-0027
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Gros, Daniel
  • Sciendo

Entstanden

  • 2023

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