Abstract

The euro area has been particularly vulnerable to the shocks resulting from the pandemic and the war – contributing strongly to record-high inflation. This required a fast and decisive monetary policy reaction. The future monetary policy course will depend also on how these shocks, along with the fiscal and structural policies response, will affect the economic and inflation outlook.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.