Central banks have everything they need to stop inflation acceleration
Thursday 2 December 2021 Vol.12 Ed.48.4
Commentary: ECB should keep eyes on inflation prize
By Agnès Belaisch and Matteo Cominetta
Should central banks tighten early to combat inflation at the risk of triggering a serious slowdown, or risk higher inflation while propelling growth? This trade-off is easy to face for the European Central Bank. Excluding energy, all components of the euro area inflation basket have grown in line...