| Author (Person) | Odendahl, Christian |
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| Publisher | Centre for European Reform (CER) |
| Series Title | CER Insight |
| Publication Date | July 2021 |
| Content Type | Research Paper |
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Summary: As Europe is exiting the pandemic, it is crucial that policy-makers do not choke off the economic recovery out of a misplaced fear of inflation. In fact, a period of above-target inflation would be helpful to make sure that the economy really has fully recovered and that all capital and workers are employed. But pushing the European economy sustainably out of its low inflation mode of the last decade towards rates above 2 per cent is not easy. Of the five ingredients that are needed to achieve sustained inflation, Europe currently has none. |
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| Source Link |
Link to Main Source
https://www.cer.eu/insights/europe-shouldnt-worry-about-inflation
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| Subject Categories | Economic and Financial Affairs |
| Subject Tags | Inflation |
| Keywords | COVID-19 (Coronavirus) |
| Countries / Regions | Europe |
| International Organisations | European Union [EU] |
