Tag: overestimated
Inflation may even be overestimated from a long-term perspective
Supermarket A small ray of hope for consumers in Germany: for the first time since July, inflation has weakened somewhat. (Photo: obs) A slight drop in German inflation to 10.0…
The climate risk for Europe’s banks is overestimated – they could even make money from it
Fridays for Future in Frankfurt’s banking district Don’t overestimate risks. (Photo: imago images/Ralph Peters) The European Central Bank (ECB) has subjected the banks to a stress test in order to…
The overestimated power of the central banks to fight inflation
In the world of monetary policy, from the 1960s onwards, inflation was “always and everywhere a monetary phenomenon,” as Milton Friedman, who later won the Nobel Prize for Economics, put…