FOR INFLATION TO COME DOWN, IT IS NOT ENOUGH FOR THE ECB TO DREAM, IT HAS TO WANT IT | EXPRESSO
“For inflation to come down, it is not enough for the ECB to dream, it has to want it” is this week’s column by Luís Aguiar-Conraria, Full Professor at the University of Minho and NIPE researcher. In his comments, the Professor mentions that the European Central Bank always makes the same mistake, projecting lower inflation than what is happening.
For more information on the subject see the column available in Expresso.